Silkflex Polymers Approves Sylera Acquisition, Launches Indigenous Ink And Wood Coatings

Board approved acquisition of 100% of Sylera Inc.'s business undertaking for cash, with completion on or before November 2026. Sylera manufactures textile garment inks and sells around 450 MT annually; turnover rose from ₹5.4 Cr in FY24 to ₹8.3 Cr in FY26. Silkflex also launched indigenously manufactured Sylera textile inks and Slyvora wood-coating products. This is Silkflex's first disclosed acquisition and advances its shift from trading-led operations toward manufacturing, while expanding its textile ink and wood-coating portfolio. The acquisition is in the company's existing segments and carries no promoter interest or regulatory approval requirement. Acquisition cost, funding details and valuation were not disclosed. Completion is pending by November 2026, leaving integration, manufacturing synergies and the financial impact unresolved.