# NRL Recycling acquires Tycod Autotech for INR 240 million

NRL Recycling Limited acquired Tycod Autotech Pvt Ltd for INR 240 million in an all-cash transaction. NRL also invested an additional INR 100 million to modernize Tycod's production infrastructure.

- Type: Acquisition
- Announced: 2025-09-29
- Where: Rudrapur, Pantnagar, India
- Value: $2.90M (240.0M INR)
- Jobs: 175
- Status: completed
- Products: aluminum alloy ingots, engine components, automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [NRL Recycling Limited](https://endata.com/companies/87425.md) (acquirer)
- [Tycod Autotech](https://endata.com/companies/87426.md) (target)

## Sources

- [autocarpro.in](https://www.autocarpro.in/news/nrl-recycling-acquires-tycod-autotech-for-inr-240-million-128957), 2025-09-29: "NRL Recycling Limited, a recycling and waste management company, has acquired Tycod Autotech Pvt Ltd in an all-cash transaction valued at INR 240 million as part of its strategy to move up the value chain from scrap processing to aluminium alloy production and precision-engineered automotive compone"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.