# Avi Polymers to acquire 90% stake in JVTR Consultants at Rs 500 crore valuation

Avi Polymers' board has approved the acquisition of a 90% stake in JVTR Consultants through a share swap arrangement at an indicative valuation of Rs 500 crore, expanding into technology and digital services.

- Type: Acquisition
- Announced: 2026-05-08
- Where: India
- Value: $60.0M (5.00B INR)
- Status: announced
- Products: polymer and specialty chemicals, IT services, software development
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Avi Polymers](https://endata.com/companies/91842.md) (acquirer)
- [JVTR Consultants](https://endata.com/companies/91843.md) (target)

## Sources

- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/avi-polymers-to-acquire-90-stake-in-jvtr-consultants-at-rs-500-crore-valuation/articleshow/130961374.cms), 2026-05-08: "We see strong opportunities in technology-driven businesses and believe this strategic expansion will help us build a more diversified and future-ready business."

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