Solar Industries India To Acquire South Africa's Omnia Holdings For Rs 12,951 Crore

Solar SA Investments step-down subsidiary to acquire all shares of South Africa's Omnia Holdings for ~$1.355B (₹12,951Cr) all-cash, pending regulatory and shareholder approvals. Omnia FY26 revenue ~$1.41B (₹13,307Cr), net cash positive, 23 countries across mining BME and agriculture; benefits expected from FY28. Context: first entry into agriculture vertical.