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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
L. T. Elevator Ltd

L. T. Elevator Ltd. Acquires 66.45% of Dongyang PC, Inc. for USD2.85/share

M&A ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 05 Aug 2026, 12:05 AM IST  ·  BSE ID: 4f2ec1a2-c801-45dc-bdc4-8df50e26d40b
View Original BSE Filing (PDF)
💡
In Simple Terms
L. T. Elevator is buying a 66.45% stake in a Korean parking systems company, Dongyang PC, Inc., for USD2.85 per share.
🤖 AI Summary
  • L. T. Elevator Ltd. is acquiring 9,96,675 equity shares of Dongyang PC, Inc. at USD2.85 per share.
  • The acquired shares represent 66.45% of Dongyang PC, Inc.'s issued and paid-up share capital.
  • Dongyang PC, Inc. will become a subsidiary of L. T. Elevator Ltd. upon transaction completion.
  • A subsequent share buyback of 500,000 shares will make Dongyang PC, Inc. a 100% wholly-owned subsidiary.
  • Dongyang PC, Inc. has global presence across 35 countries and over 20 years of industry experience.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Equity Shares to be Acquired (initial)
9,96,675 equity shares
Stake Acquired (initial)
66.45%
Consideration per Share
USD2.85 per share
Shares in Subsequent Buyback
500,000 equity shares
Dongyang PC, Inc. Global Presence
35 countries
Dongyang PC, Inc. Patents
12+ patents
Dongyang PC, Inc. Registered Trademarks
21 registered trademarks
🏢 How This Affects the Company
📈
Business Impact
This acquisition integrates Dongyang PC, Inc.'s mechanical parking systems, intellectual property portfolio, and global presence across 35 countries into L. T. Elevator's business verticals, enhancing its end-to-end elevator and parking solutions.
💰
Financial Impact
The transaction involves a consideration of USD2.85 per share for 9,96,675 equity shares initially, followed by a buyback of 500,000 shares at the same price, representing a significant cash outflow for L. T. Elevator Ltd.
⚙️
Operational Impact
L. T. Elevator Ltd. gains access to Dongyang PC, Inc.'s over 12 patents, 21 registered trademarks, and certified operations (ASCE 7, CE, ISO 9001), potentially expanding its engineering and manufacturing capabilities for smart parking solutions.
⚠️
Risk Impact
The acquisition introduces integration risks associated with incorporating a foreign entity with operations across 35 countries, along with currency fluctuation risks due to the USD-denominated transaction.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this intimation of a proposed acquisition.
👤
Who Is Affected
Shareholders of L. T. Elevator Ltd. will see a change in the company's business scope and financial structure through the acquisition of a controlling stake in Dongyang PC, Inc.
🔍
Management Signal
The decision signals management's intent to expand L. T. Elevator's business into mechanical parking systems and strengthen its international presence through strategic acquisition.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Completion of the acquisition, subject to fulfillment of conditions precedent.
Details on the proposed share buyback program for Dongyang PC, Inc. shares.
L. T. Elevator Ltd.'s next quarterly financial results for details on funding the acquisition.
MEDIUM RISK The acquisition involves foreign currency exchange risks and integration challenges for an overseas entity.
💡 Investor Takeaway
L. T. Elevator Ltd. is acquiring 66.45% of Dongyang PC, Inc. for USD2.85 per share, followed by a buyback of 500,000 shares. This will integrate Dongyang PC, Inc.'s global presence across 35 countries and 12+ patents, making it a wholly-owned subsidiary.
⚖️ Strengths & Concerns

✅ Positives

  • Acquisition of Dongyang PC, Inc. brings over 12 patents and 21 registered trademarks, enhancing L. T. Elevator's intellectual property portfolio.
  • Dongyang PC, Inc.'s global presence across 35 countries and 20+ years of experience expand L. T. Elevator's market reach and expertise.

⚠️ Concerns

  • The filing does not provide total acquisition cost in Indian Rupees, requiring investors to calculate foreign currency exposure.
  • No specific financial details or revenue contribution of Dongyang PC, Inc. are provided in the filing for immediate assessment.
📅 Company Track Record
No previous filings were found for L. T. Elevator Ltd. to provide historical context or trends. The company was formerly known as L.T. Elevator Private Limited and was incorporated in 2008.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is L. T. Elevator Ltd. acquiring?
L. T. Elevator Ltd. is acquiring 9,96,675 equity shares, representing 66.45% of the issued and paid-up share capital of Dongyang PC, Inc.
What is the purchase price per share for the acquisition?
The acquisition is at a consideration of USD2.85 per share for Dongyang PC, Inc. equity shares.
Will Dongyang PC, Inc. become a wholly-owned subsidiary?
Yes, after the initial acquisition, Dongyang PC, Inc. will implement a share buyback for 500,000 shares at USD2.85 per share, making it a 100% wholly-owned subsidiary.
What expertise does Dongyang PC, Inc. bring to L. T. Elevator?
Dongyang PC, Inc. brings over 20 years of industry experience, 12+ patents, and 21 registered trademarks in mechanical parking systems, with global presence in 35 countries.
What regulation governs this acquisition intimation?
This intimation is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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