Maximus International Acquires 40% Stake in Quebec Petroleum for ₹18.43 Crores

Board approved acquisition of 40% stake in Quebec Petroleum Resources Limited for Rs 18.43 Cr via cash consideration. Target is a Vadodara-based lubricants manufacturer with FY25 turnover of Rs 184.73 Cr (down from Rs 249.20 Cr in FY23). Transaction is a related party deal at arm's length basis.