JTL has reached a major milestone in its acquisition of RCI Industries & Technologies Limited (RCI) by completing the full payment of ₹46.5 crore, as outlined in the Resolution Plan approved by the Hon’ble NCLT, New Delhi. Following the completion of this payment, the Monitoring Committee of RCI, during its fourth meeting on November 20, 2025, officially transferred management control to JTL Industries Limited and reinstated the Board of Directors in accordance with the Companies Act, 2013.
This development marks a decisive step toward the closure of the acquisition process and reinforces JTL’s focus on balanced expansion and strategic diversification. Bringing RCI into the fold represents a significant extension of JTL’s product portfolio, signaling the company’s entry into the copper products segment. This move not only strengthens JTL’s position across core markets but also enables it to offer a wider range of metal-based solutions.
The incorporation of copper capabilities is expected to complement JTL’s current offerings, support deeper value-chain integration, and create opportunities in industries where demand for premium copper components is steadily increasing. With this strategic addition, JTL continues to advance its goal of becoming a multi-material solutions provider built on innovation, operational strength, and financial discipline.
“We are pleased to have completed the full payment of ₹46.5 crore for the acquisition of RCI, marking a significant advancement in the NCLT-led process. This achievement reflects our commitment to broadening our product base and pursuing long-term strategic growth. Entering the copper products sector is an important step for us, as copper is essential in several fast-expanding industries. Integrating these capabilities will enhance the value we deliver to our customers.
This acquisition expands our material portfolio, strengthens our position as a comprehensive solutions provider, and broadens our presence in emerging market segments. We expect meaningful synergies from RCI’s capabilities, deeper value-chain alignment, and positive contributions to growth and profitability in the coming years. As we complete the remaining formalities, our priority is ensuring a seamless transition and realizing the full strategic benefits of this acquisition.”
JTL Industries Limited is a leading manufacturer in the steel tube and structural solutions sector, recognized for its strong focus on quality, innovation, and sustainable growth. The company has built a robust presence across domestic and international markets through its diverse product portfolio, advanced manufacturing capabilities, and consistent commitment to operational excellence.
With a strategic emphasis on value-chain integration and expansion into new material segments—including its recent entry into copper products—JTL continues to strengthen its position as a comprehensive, multi-material solutions provider. Backed by disciplined financial management and a customer-centric approach, JTL Industries Limited remains poised for long-term growth and industry leadership.
