Uravi Defence & Technology Limited, a producer of automotive lamps, has unveiled plans to acquire 100 percent equity in UK‑based Spafax International Ltd via its wholly owned subsidiary, Bharat Technology Ltd. The phased acquisition will kick off with a majority stake in 2026, followed by subsequent tranches.
Spafax, originally founded in 1938 but incorporated as the current UK entity in 1979, reported unaudited FY25 revenue of INR 290 million and profit after tax of INR 50 million. The company specialises in patented “unbreakable” vehicle mirrors, mirror arms, lighting systems, and explosion‑proof wireless cameras, serving clients such as the British Army, NATO, EU defence organisations, and commercial special‑purpose vehicle operators.
“This acquisition marks a significant step towards our vision of technological advancement and global integration. With the new Indo‑UK Free Trade Agreement opening export avenues, this partnership will enhance our defence portfolio through backward‑integration and synergise with SKL India Pvt Ltd, positioning Uravi to tap global markets more effectively,” said Niraj Gada, Managing Director and CEO of Uravi Defence & Technology Ltd.
The deal will also involve setting up an R&D hub in the UK to develop advanced defence and automotive products. Uravi expects to benefit from Spafax’s existing NATO and US defence certifications, facilitating entry into international defence supply chains.
Uravi noted that SKL India Pvt Ltd, of which it acquired a 50.01 percent stake in February 2025 (via an INR 579 million investment), will derive benefits from access to Spafax’s technology and markets. The company plans to pursue backward integration and export growth through Indian manufacturing.
Uravi Defence & Technology Ltd, incorporated in 2004 (formerly Uravi T & Wedge Lamps Ltd), produces incandescent and wedge‑based automotive lamps under the UVAL brand, serving OEMs and aftermarket channels across India.
