Uravi Defence and Technology Ltd announced an acquisition plan for a 100% equity stake in SPAFAX International Ltd, a UK-based company specializing in automotive defense solutions, through its wholly owned subsidiary Bharat Technology Ltd, with intentions to increase ownership gradually starting from 2026. For FY25, SPAFAX reported total revenue of 29 Crore and PAT of 5 Crore, highlighting their strong position in the defense industry.