Big Acquisition Alert: Avi Polymers Picks Up 90% Stake in JVTR Consultants

Avi Polymers Ltd has cleared a major move into technology and digital services by agreeing to take a controlling stake in JVTR Consultants Pvt Ltd. The polymer and speciality chemical company is using a share swap deal to secure 90 per cent ownership in the technology-focused firm.

In a regulatory statement, the company confirmed the structure and scale of the transaction through an explicit board note. It said, "The board of AVI Polymers has approved the acquisition of a 90 per cent stake in JVTR Consultants Private Limited through a share swap arrangement at an indicative valuation of Rs.500 crore," the statement said.

Avi Polymers acquisition strengthens technology and digital services push

The share swap gives Avi Polymers exposure to information technology services and a range of digital activities. The plan includes software development, system integration, digital platforms and other related technology solutions to broaden the company's portfolio beyond polymers and speciality chemicals and deepen its role in technology-driven services.

Company Target Stake Deal Structure Indicative Valuation

Avi Polymers Ltd JVTR Consultants Pvt Ltd 90 per cent Share swap Rs 500 crore
Avi Polymers acquisition aligns with diversification and AI-led ventures
Managing Director Chintan Yashwantbhai Patel said the technology expansion matches the company's wider strategy. Patel stated, "We see strong opportunities in technology-driven businesses and believe this strategic expansion will help us build a more diversified and future-ready business," highlighting how the JVTR Consultants deal fits long-term plans.

Avi Polymers recently moved into new sectors, including healthcare and agriculture, through AI-based ventures. The company rolled out wholly-owned subsidiaries KrishiBuddy and AVI Health AI. These steps, along with the JVTR Consultants acquisition, indicate a deliberate shift towards digital, data and technology-linked services alongside the core polymer operations.