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Stock jumps 17% after it completes acquisition of Omerastore GmbH

Prominent surface technology subsidiary completed the acquisition of Omeras GmbH assets, including Omerastore GmbH shares, strengthening its international presence and advancing its strategic growth initiatives abroad.

Introduction

Leading surface technology firm’s wholly owned subsidiary has completed the acquisition of specific assets of Omeras GmbH, including all shares of Omerastore GmbH, marking a significant development in its overseas expansion strategy.

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Share price movement of HLE Glascoat

On August 19, 2025, HLE Glascoat Ltd opened at ₹460.10, up 10.7% from its previous close of ₹415.55. The stock reached a high of ₹486.20 (16.9%) and a low of ₹455.00. By 9:49 AM, it traded at ₹482.90, a 16.21% increase, with a market cap of ₹3,296.54 crore.

HLE Glascoat Subsidiary Completes Omeras GmbH Acquisition

HLE Glascoat Limited’s wholly owned step-down subsidiary, HLE Surface Technologies GmbH, completed the acquisition of certain assets of Omeras GmbH on 18 August 2025. The deal also includes all shares of Omerastore GmbH.

The acquisition follows the company’s earlier disclosure on 14 August 2025. The company confirmed the transaction as a material development. The completion marks a strategic expansion of HLE Glascoat’s overseas operations.

Stock performance of HLE Glascoat for Period of 1 week, 6 months, and 1 year

HLE Glascoat Ltd delivered a -6.84% return over the past week, surged 58.2% in the past six months, and gained 1.19% over the past year.

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Shareholding pattern of HLE Glascoat

ParticularsJun 2025Mar 2025Dec 2024
Promoter66.80%66.70%66.70%
FII4.00%4%4%
DII4%4%4%
Public25%26%26%

About HLE Glascoat

HLE Glascoat Ltd (NSE: HLEGLAS) manufactures and sells glass-lined equipment, filters, and dryers. The company serves diverse industries across India, providing reliable process equipment solutions for chemical, pharmaceutical, and other industrial applications.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is HLE Glascoat Ltd share price going up today?

A: The stock rose after its subsidiary HLE Surface Technologies GmbH acquired assets of Omeras GmbH and Omerastore GmbH.

Q: How much stake do promoters hold in HLE Glascoat Ltd stock?

A: Promoters hold 66.80% stake in HLE Glascoat Ltd, reflecting strong ownership and management control in the company.

Q: What is the 52-week high and low of HLE Glascoat Ltd stock?

A: The stock recorded a 52-week high of ₹486.20 and a 52-week low of ₹218.00.

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