Sevenglow Lights Limited entered a Strategic Association Agreement with Pro CLB Global Limited on April 15, 2026.
Pro CLB will acquire up to 36% equity stake initially, with potential to increase to 100% subject to milestones and approvals.
Agreement covers investment structure, board representation, reserved matters, and requires definitive Share Subscription and Shareholders Agreements.
Transaction is subject to due diligence, regulatory approvals, and compliance with Companies Act and SEBI regulations.