Suprajit Engineering Limited, a leading manufacturer of automotive cable and control systems, has announced the successful completion of its acquisition of Stahlschmidt Cable Systems (SCS) through the finalisation of the second tranche, covering the business operations in China and Canada.

This announcement marks the closure of the entire acquisition process, which began in 2024, and solidifies Suprajit's global presence in the automotive components industry.

The company issued this update through a formal filing with BSE Limited and the National Stock Exchange of India Limited (NSE) on May 31, 2025, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Background of the Acquisition

Suprajit Engineering had earlier disclosed in a press release dated June 9, 2024, and a company announcement on July 16, 2024, that it was acquiring the business of Stahlschmidt Cable Systems (SCS), a reputed global cable systems manufacturer, through an insolvency process in Germany.

The first stage of the acquisition was focused on acquiring SCS assets in Germany and related intellectual property. The second stage, which has now been concluded, involved the formal acquisition of SCS’s operational businesses in China and Canada.

The closing memorandum for the second tranche has now been signed, making the transaction fully effective. With this, Suprajit has completed the full acquisition of SCS's international operations, providing a boost to its global capabilities and customer base.

Strategic Importance of the Deal

The acquisition of Stahlschmidt Cable Systems, which has historically served prominent global automotive OEMs, aligns with Suprajit’s long term strategic goal of global expansion and diversification of its customer base and geographical footprint.

Through this deal, Suprajit gains:

• Advanced manufacturing capabilities across Europe, North America, and Asia

• Access to premium automotive clients worldwide

• A diversified product portfolio in automotive cables and actuators

• A stronger position in the premium passenger vehicle and commercial vehicle segments

The company sees this acquisition as a key enabler for scaling up operations outside India, and for strengthening its position as a leading global supplier of cable systems.

Locations Acquired in Second Tranche

The second tranche covers the acquisition of the following units:

1. SCS China Operations

   • Production facility with strategic supply chain links in East Asia

   • Key supplier for Asian OEMs

2. SCS Canada Operations

   • Engineering and manufacturing centre catering to North American clients

   • Adds capacity and customer proximity in the USMCA region

By concluding the acquisition of these two strategic locations, Suprajit now controls the entire global footprint of SCS, and will begin integration and optimisation across all acquired operations.

Regulatory Compliance

The company confirmed that this disclosure is being made in accordance with Regulation 30 of SEBI LODR Regulations 2015, which mandates timely intimation of material events and business updates to stock exchanges.

The information has been filed under references:

• BSE Ref No: 532509

• NSE Symbol: SUPRAJIT

• Company Filing Ref: SEL SEC 2025-2026 13

Leadership Statement

While no direct quotes were provided in the latest filing, Suprajit’s management had earlier emphasised that the SCS acquisition is a transformational step for the company. It reflects Suprajit’s capability to execute cross-border M&A transactions and to revive distressed assets through operational excellence and financial prudence.

Suprajit’s Track Record and Vision

Founded in 1985, Suprajit Engineering Limited has emerged as a market leader in mechanical cables for two-wheelers and four-wheelers, with growing operations in lighting systems and other automotive components.

With over twelve manufacturing facilities globally, Suprajit serves clients across India, North America, Europe and Asia. Its key customers include major automotive OEMs in passenger vehicles, two-wheelers, commercial vehicles, and non-automotive segments.

This acquisition of SCS reinforces Suprajit’s long-standing strategy to:

• Expand its global footprint through acquisitions and organic growth

• Enter new geographies and OEM supply chains

• Strengthen engineering and innovation capabilities across continents

• Build a future-ready organisation capable of meeting evolving mobility needs

What Comes Next

Now that the transaction is complete, the company will begin integrating the acquired entities in China and Canada, aligning them with Suprajit’s operational standards and quality benchmarks. The management is expected to announce future guidance and integration plans during its upcoming quarterly investor interactions.

Investors and stakeholders can expect continued updates from the company as it works to unlock synergies from the newly acquired assets and streamline global operations for efficiency, profitability and growth.

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