NSEGeneral Updates11h ago · 1 Sept 2026, 04:13 pm

General Updates

Flair Writing Industries Limited · FLAIR

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Flair Writing Industries Limited has informed the Exchange about General Updates on acquisition of shares in Wholly-Owned Subsidiary, Flair Writing Equipments Private Limited, through Rights Issue.

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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Flair Writing Industries Limited has informed the Exchange about General Updates on acquisition of shares in Wholly-Owned Subsidiary.

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flair2016_01092026161306_BSE_NSE_Initmation_for_Allotment_of_Shares.pdf

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Ref- FWIL/SEC/2026-27/43 Date: September 01, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street C/1, G Block, Bandra - Kurla Complex Mumbai - 400 001. Bandra (East), Mumbai - 400 051. Scrip Code : 544030 Symbol : FLAIR Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Further Investment in Flair Writing Equipments Private Limited, Wholly Owned Subsidiary of the Company, through Rights Issue Dear Sir(s)/ Madam(s), Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Company has been allotted 3,415 (Three Thousand Four Hundred and Fifteen) equity shares of ₹10/- each at an issue price of ₹2,92,845/- per equity share, aggregating to ₹100,00,65,675/- (Rupees One Hundred Crore Sixty-Five Thousand Six Hundred and Seventy-Five only), by way of subscription to the Rights Issue of Flair Writing Equipments Private Limited (“FWEPL”), a wholly owned subsidiary of the Company. There will be no change in the shareholding of the Company, and FWEPL will continue to remain a wholly owned subsidiary of the Company. The relevant disclosure as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure – A. The aforesaid information will also be made available on the Company’s website at: https://www.flairworld.in/ You are requested to kindly take the aforesaid information on record. Thanking you, Yours faithfully, For Flair Writing Industries Limited Mr. Vishal Kishor Chanda Company Secretary and Compliance Officer Encl: As above Annexure – A (Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 Sr. No Particulars Details 1. Name of the target entity, details in brief such Flair Writing Equipments Private Limited as size, turnover, etc. (“FWEPL”) was incorporated under the Companies Act, 2013, as a Private Limited Company. FWEPL is a wholly owned subsidiary of Flair Writing Industries Limited and is engaged in the business of manufacturing and dealing in writing instruments and related products. Paid-up capital: ₹1,34,150/- (post allotment pursuant to the Rights Issue) Standalone Turnover of FWEPL as on March 31, 2026 – ₹2,35,23,71,496/- Consolidated Turnover of FWEPL as on March 31, 2026 - ₹ 2,70,94,79,795/- 2. Whether the acquisition would fall within Flair Writing Industries Limited (“FWIL”) related party transaction(s) and whether the and Flair Writing Equipments Private promoter/promoter group/group Limited (“FWEPL”) maintain the companies have any interest in the entity relationship of Holding Company and being acquired? If yes, nature of interest and Wholly-owned Subsidiary Company. details thereof and whether the same is done at “arm’s length”. Except to the extent of shares held by FWIL in FWEPL, the promoter/promoter group/group companies have no other interest in FWEPL. The transaction is being undertaken pursuant to the Rights Issue of FWEPL and is at arm’s length basis. The issue price of the equity shares is derived from the valuation report issued by a SEBI Registered Category I Merchant Banker 3. Industry to which the entity being acquired Manufacturing and dealing in writing belongs instruments and related products. 4. Objects and effects of acquisition, including The investment is being made by but not limited to disclosure of reasons for subscribing to the Rights Issue of FWEPL acquisition of target entity if its business is with a view to supporting its financial and outside the main line of business of the listed business requirements and strengthening entity. its financial position. The funds raised through the Rights Issue will also be utilised towards repayment of outstanding debt and reduction of the financial liabilities and associated finance costs of FWEPL. 5. Brief details of any governmental or Not Applicable. regulatory approvals required for the acquisition. 6. Indicative time period for completion of the The equity shares have been allotted by acquisition FWEPL on September 01, 2026. 7. Nature of consideration – whether cash Cash consideration. consideration or share swap and details of the same. 8. Cost of acquisition or the price at which the ₹100,00,65,675/-, comprising 3,415 equity shares are acquired. shares of ₹10/- each issued at an issue price of ₹2,92,845/- per equity share, including a securities premium of ₹2,92,835/- per equity share. 9. Percentage of shareholding/control acquired The Company has been allotted 3,415 equity and/or number of shares acquired. shares pursuant to the Rights Issue. There will be no change in the Company's shareholding in FWEPL and FWEPL will continue to remain a wholly owned subsidiary of the Company. 10. Brief background about the entity acquired in Date of Incorporation: November 4, 2019 terms of products/line of business acquired, date of incorporation, history of last 3 years Country of Presence: India turnover, country in which the acquired entity has presence and any other significant Line of Business: Manufacturing and information (in brief). dealing in writing instruments and related products. Turnover of FWEPL for the last three (3) financial years: Standalone Consolidated FY Rs. in Lakhs Rs. in Lakhs 2025-26 23,523.71 27094.80 2024-25 14,009.48 14369.18 2023-24 8,134.01 - Any other significant information: Nil