BS Limited (BSE:533276) agreed to acquire the businesses of NHS Metals Private Limited, Durafast Automotive Private Limited and Rajesh Sandhi Infras & Metals Private Limited for INR 3.6 billion in stock on May 20, 2015. BS Limited will issue 33.81 million shares to acquire NHS Metals; will issue 21.43 million shares to acquire Durafast and will issue 33.33 million shares to acquire Rajesh Sandhi. In a related transaction BS Limited also acquired to acquire Agarwal Steel Structures Private Limited from Agarwal Group. The deal is subject to statutory and regulatory approvals and has been approved by the Board of Directors of BS Limited. The shareholders of BS Limited approved the deal on September 30, 2015. The deal is expected to be concluded in six months. Servel Krishna Engineers Pvt. Ltd. acted as value in the transaction.

BS Limited (BSE:533276) cancelled the acquisition of NHS Metals Private Limited, Durafast Automotive Private Limited and Rajesh Sandhi Infras & Metals Private Limited on April 29, 2016.