Manish Gupta and Pushpinder Latka agreed to acquire Akj Metals Private Limited for INR 23.1 million on June 30, 2021 in a management buyout transaction. Manish Gupta will acquire 2309999 shares and Pushpinder Latka will acquire 1 share. For the year ended on March 31,2021, Akj Metals Private Limited reported revenue of approximately INR 230 million. The transaction is expected to close at the end of September, 2021.

Manish Gupta and Pushpinder Latka completed the acquisition of Akj Metals Private Limited on September 11, 2021.