Date: November 02, 2026
Board Meeting Outcomes
- The Company disclosed an update regarding the acquisition of ETT Solutions DMCC
- The completion of the primary subscription phase is expected to extend by an additional 180 business days beyond the previously extended timeline
- The Company continues to pursue completion of the transaction and will provide further updates
Disinvestment / Strategic Actions
- Acquisition of ETT Solutions DMCC through combination of secondary purchase of shares and primary subscription to freshly issued shares
- First phase (secondary acquisition of shares) completed and registered with Dubai Multi Commodities Centre Authority
- Current shareholding of Company in ETT Solutions DMCC: 34%
- Subsequent phase (primary subscription to freshly issued shares) remains under process
- Completion pending conclusion of remaining procedural and regulatory formalities
Other Operational / Legal / Strategic Disclosures
- Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Continuation of previous disclosures dated December 01, 2025, April 23, 2026 and May 12, 2026
- Company will keep Stock Exchanges informed of any further material developments