# Astral acquires Al-Aziz Plastics for up to Rs 33 crore

The Board of Astral approved the acquisition of 100% equity share capital of Al-Aziz Plastics for a cash consideration of up to Rs 33 crore on April 17, 2025. Al-Aziz Plastics manufactures electrofusion fittings, compression fittings, and other accessories.

- Type: Acquisition
- Announced: 2025-04-17
- Where: India
- Value: $4.00M (330.0M INR)
- Status: announced
- Products: electrofusion fittings, compression fittings, saddles, electrical fittings, irrigation sprinklers, filters, solar fittings
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Astral Limited](https://endata.com/companies/65717.md) (acquirer)
- [Al-Aziz Plastics](https://endata.com/companies/84217.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/board-of-astral-approves-acquisition-of-al-aziz-plastics-125041700835_1.html), 2025-04-17: "The Board of Astral at its meeting held on 17 April 2025 has approved the acquisition of 100% equity share capital of Al-Aziz Plastics for a cash consideration of up to Rs 33 crore."
- [astralltd.com](https://www.astralltd.com/press_release/board-of-astral-approves-acquisition-of-al-aziz-plastics/), 2025-07-14: "The Board of Astral at its meeting held on 17 April 2025 has approved the acquisition of 100% equity share capital of Al-Aziz Plastics for a cash consideration of up to Rs 33 crore."

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