Euro Pratik Sales

Euro Pratik Sales put its proposed Rs42.70 crore acquisition of a 56% stake in Fabwood Solutions LLP on hold and said it was evaluating the way forward in consultation with legal advisors. The transaction had been announced on 23 September with an Rs8.40 crore working capital infusion included and a close targeted by 8 October for the South India timber and value-added wood business. Fabwood recorded turnover of about Rs45 crore and profit of about Rs5.5 crore in FY26 and carried a target of about Rs50-53 crore of revenue with about Rs7.5 crore of profit for FY27. It was the third step in a build-out after Uro Veneer World in Bengaluru and Chawla Brothers in Jalandhar and Ludhiana, while the group reported gross revenue of about Rs335 crore in FY26. The company operated an asset-light model with more than 36 contract manufacturers across eight countries and sold through 205 distributors across 148 cities, with decorative wall panels accounting for about 66.5% of revenue.

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Euro Pratik Sales' board approved the acquisition of a 56% controlling stake in Fabwood Solutions LLP for Rs 42.70 crore in cash, including an Rs 8.40 crore capital infusion, on 23 September 2026. Fabwood Solutions, incorporated in August 2026, will own the business of Fab Wood, a proprietary firm set up in 1999 dealing in timber, engineered wood solutions, cladding products and doors, which posted turnover of Rs 45.25 crore in FY26. The stated rationale was deeper penetration in South India and a broader surface decorative portfolio, with no regulatory approvals required and no related-party interest, and completion scheduled on or before 8 October 2026. The acquisition followed 51% stake purchases in Uro Veneer World closed in December 2025 for Rs 76.5 crore and in Chawla Brothers closed in April 2026 for Rs 32.2 crore. Euro Pratik reported consolidated revenue of Rs 334.96 crore in FY26, with decorative wall panels accounting for about two-thirds of revenue. It operates an asset-light model with more than 36 contract manufacturers across eight countries and sells through about 188 distributors across 138 cities.

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Sept 23 (Reuters) - Euro Pratik Sales Ltd EURR.NS:

• APPROVES ACQUISITION OF 56% STAKE IN FABWOOD SOLUTIONS LLP

• ACQUISITION INCLUDES CAPITAL INFUSION OF 84 MILLION RUPEES IN FABWOOD SOLUTIONS LLP

Source text: ID:nNSEc2ZTjb

Further company coverage: EURR.NS

(Reporting by Anushka Rajvedi)

(([email protected];))

Aug 10 (Reuters) - Euro Pratik Sales Ltd EURR.NS:

• JUNE-QUARTER CONSOL NET PROFIT 187.7 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.03 BILLION RUPEES

Source text: ID:nBSEb0yf2J

Further company coverage: EURR.NS

(([email protected];;))

March 23 (Reuters) - Euro Pratik Sales Ltd EURR.NS:

• TO BUY 51% STAKE IN CHAWLA BROTHERS FOR 322 MILLION RUPEES

Source text: ID:nBSE18Yvj4

Further company coverage: EURR.NS

(([email protected];))

March 2 (Reuters) - Euro Pratik Sales Ltd EURR.NS:

• GST DEPARTMENT INITIATES INSPECTION AT COMPANY OFFICES

Source text: ID:nBSE2v4scc

Further company coverage: EURR.NS

(([email protected];))

** Shares of Euro Pratik Sales EURR.NS rise 2% to 252.05 rupees on trading debut

** Stock opened at 272.10 rupees, 10.2% higher than issue price

** Decorative wall panel and laminates seller's 4.51-bln-rupee ($50.9 mln) IPO, which comprised entirely sale of shares by existing shareholders, was subscribed 1.34x

** EURR valued at 25.76 bln rupees, as of 10:25 a.m. IST

** Trading volume at more than 7 mln shares so far

($1 = 88.5525 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))