Key Event

Divisha Alternative Investments LLP, a subsidiary Limited Liability Partnership of Systematix Corporate Services Limited, has been struck off from the Register of LLPs by the Registrar of Companies, Maharashtra, Mumbai – I. The effective date of this action is July 21, 2026. Consequently, Divisha Alternative Investments LLP ceased to be a subsidiary of the company with effect from that date.

Financial Impact

As per the annexed disclosure (Annexure I), the financial contribution of Divisha Alternative Investments LLP for the financial year ended March 31, 2026, was as follows:

  • Turnover: Nil
  • Net Worth: Nil

This indicates the subsidiary was non-operational and its dissolution has no material financial impact on the listed entity.

Regulatory Context & Timelines

The disclosure is made pursuant to:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), Regulation 30.
  • SEBI Master Circular dated January 30, 2026.
  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
  • SEBI Circular SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024.

Status of Formal Communication

As of the date of this filing (July 23, 2026), the subsidiary LLP has not received a formal email intimation from the Registrar of Companies confirming the striking off of its name. The company became aware of the action through a public notice available on the Ministry of Corporate Affairs (MCA) portal.

Previous Intimation and Company Action

This disclosure is a continuation of a previous intimation made to the stock exchanges on April 29, 2026. In that earlier communication, the company had informed the exchanges that its board had approved filing an application under Rule 37(1)(b) of the Limited Liability Partnership Rules, 2009, with the Registrar of Companies, Maharashtra, Mumbai – I, for striking off the subsidiary's name from the Register of LLPs.

Other Details

  • The event does not constitute a related party transaction.
  • There was no agreement for sale, consideration received, or identifiable buyer involved, as the subsidiary was struck off by the regulatory authority, not sold.
  • The company's Compliance Officer, Mr. Divyesh Bharat Badiyani (ACS:63381), signed and submitted this disclosure.