Smiths & Founders Signs Merger Agreement with SKF Elixer India

Smiths & Founders (India) Limited has signed a merger agreement with SKF Elixer India Private Limited for growth and diversification. The merger significantly elevates the company's scale, as SKF Elixer brings a turnover of ₹235.45 Crores, vastly exceeding the listed company’s current turnover of ₹13.98 Crores.