NSEGeneral Updates3d ago · 19 Sept 2026, 01:17 pm
General Updates
Electrosteel Castings Limited · ELECTCAST
✦ AI Summarysubsidiary
Electrosteel Castings Limited has informed the Exchange about General Updates regarding the acquisition of 14,000 equity shares of Arabian Water Tech LLC, making it a subsidiary of the Company.
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Electrosteel Castings Limited has informed the Exchange about General Updates
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ELECTCAST_19092026131648_Disclosure_190926.pdf
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19 September, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Fort, Bandra (E),
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 500128 Symbol: ELECTCAST
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
We refer to our letter dated 10 November, 2025 vide which we had informed the Exchanges
that the Board of Directors, at its meeting held on 10 November, 2025 had approved the
proposal to make investment by way of purchase and acquisition of 14,000 equity shares of
OMR 1/- each representing 70% shareholding of Arabian Water Tech LLC based in Oman,
held by Arabian (DIFC) SPC1 Limited and Arabian (DIFC) SPC2 Limited.
In continuation to the above referred intimation and pursuant to Regulation 30 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing
Regulations"), we would like to inform you that the Company has paid an amount equivalent
to OMR 21,000/- for acquisition of 14,000 equity shares of OMR 1/- each representing 70%
shareholding of Arabian Water Tech LLC by the Company.
We would like to further inform you that consequent upon the above remittance by the
Company, the Company has received the Share Certificate for 14,000 equity shares of OMR
1/- each representing 70% shareholding of Arabian Water Tech LLC, duly transferred in the
name of the Company and accordingly, Arabian Water Tech LLC has become a subsidiary of
the Company.
This is for your information and records.
Thanking you.
Yours faithfully,
For Electrosteel Castings Limited
Indranil Mitra
Company Secretary
ICSI: A20387