Key Event and Timeline
This disclosure provides an update on the joint venture previously intimated to the exchanges on January 29, 2026 and February 25, 2026. The Joint Venture Agreement was executed between Nichidai Corporation and Sansera Engineering Limited (the Company). Subsequently, Nichidai Sansera Private Limited was incorporated as a wholly owned subsidiary of Sansera Engineering Limited.
On July 23, 2026, the Board of Directors of Nichidai Sansera Private Limited allotted 8,000 equity shares of ₹10 each to Nichidai Corporation.
Consequent Shareholding Structure
Following this allotment, the shareholding of Nichidai Sansera Private Limited has been reconstituted in accordance with the terms of the Joint Venture Agreement:
- Sansera Engineering Limited holds 60% of the issued and paid-up equity share capital.
- Nichidai Corporation holds 40% of the issued and paid-up equity share capital.
Regulatory and Administrative Details
The disclosure was signed and submitted by Rajesh Kumar Modi, Company Secretary & Compliance Officer (Membership No.: F5176) of Sansera Engineering Limited on July 23, 2026, at 15:56:27 IST.