Date: July 20, 2026
Disinvestment / Strategic Actions
Technosoft Engineering Projects Ltd, a subsidiary of Technocraft Industries (India) Limited, has acquired 100% equity stake in Technosoft Integrated Solutions K.K., a newly incorporated company in Japan.
Target Entity Details:
- Name: Technosoft Integrated Solutions K.K.
- Country of Incorporation: Japan
- Date of Incorporation: November 07, 2025
- Share Capital: Japanese Yen 50,000 (approximately ₹30,000)
- Business Status: Has not commenced business operations yet
- Turnover: NIL
Acquisition Details:
- Percentage of shareholding acquired: 100%
- Acquirer: Technosoft Engineering Projects Ltd (subsidiary of Technocraft Industries)
- Consideration: Japanese Yen 50,000 (approximately ₹30,000)
- Form of consideration: Cash
- Time period for completion: Within 90 days
Business Profile:
The target company delivers integrated engineering and technology services, including design, software, IoT, and digital solutions. It also engages in manufacturing, sourcing, sustainability consulting, and the import-export of engineering and textile products, along with related ancillary activities.
Strategic Rationale:
The object of the target company is similar to Technosoft Engineering Projects Ltd, and the purpose of acquisition is to expand its business in Japan.
Regulatory Aspects:
- Not a related party transaction
- No promoter/promoter group/group companies have any interest in the entity being acquired
- No governmental or regulatory approvals required for the acquisition
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
Not Specified
Financial Results (Standalone & Consolidated)
Not Specified
Other Operational / Legal / Strategic Disclosures
Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.