Solar Industries to acquire Omnia Holdings for ₹12,951 crore
after close1 source ↓written by the desknot a recommendation
- agreement to acquire
- 100% of Omnia Holdings
- ₹12,951 crore
- Omnia's operations
- 23 countries
- 70 distribution centres
- Acquisition signed
- 14 Sep 2026
Solar Industries has signed an agreement to acquire 100% of Omnia Holdings for ₹12,951 crore. The deal, expected to close in early to mid-2027, will enhance Solar's position in the global explosives market, leveraging Omnia's operations in 23 countries and 70 distribution centres. Regulatory approvals are pending.
• Acquisition signed on 14 Sep 2026
• Omnia to be delisted from Johannesburg Stock Exchange
• Strategic move to create a leading integrated platform in explosives and blasting solutions.
Not investment advice. For informational purposes only.