New Delhi, Aug. 18 -- Shares of Jubilant Ingrevia are expected to attract investor interest in Wednesday's trade, August 19, after the company announced that it has entered into a binding agreement with Zettaone Technologies India Pvt. Ltd. to acquire a 40% strategic stake for Rs.189.2 crore.

Following completion of the proposed acquisition, Zettaone Technologies will become an associate company of Jubilant Ingrevia Limited. The acquisition is proposed to be completed in two tranches, with the first tranche expected to close by November 2026 and the second tranche expected to close by September 2027.

Zettaone Technologies, co-founded by Harikrishnan, Sureshkumar, Prabu, and Arunkumar, is an electronics design and manufacturing platform ...