Eurobond Enters Sealants Market With New Subsidiary

11 May 2026 CW Team

"Euro Panel Products, known as Eurobond, has incorporated Euro Sealant Private as a majority-owned subsidiary, marking its diversification from aluminium composite panels into the sealants market. The company said Euro Sealant will offer professional-grade silicone sealants for applications across glass, metal, brick, concrete, aluminium, composites and panel materials. The products are designed for sealing, waterproofing and structural bonding in modern construction. The India sealants market was valued at Rs 32.32 billion in 2025 and is projected to reach Rs 49.36 billion by 2031, growing at a CAGR of 7.31 per cent. Silicone accounted for 46.20 per cent of the market in 2025 and is expected to grow at 8.33 per cent CAGR through 2031. Eurobond said the expansion will help builders, architects and contractors access reliable supplementary products while reducing dependence on inconsistent third-party suppliers. The company notified the NSE and BSE about the completed transaction on 29 April 2026 under SEBI Regulation 30. Divyam Rajesh Shah, Director, Euro Panel Products, said the move marks Eurobond’s first step beyond its core business and aligns with an ecosystem where customers, channel partners and fabricators already use sealants."

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

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Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..