BSECompany Update16 Sept 2026 · 16 Sept 2026, 06:31 pm

Intimation of Execution of Platform Service Agreement with WeWork India Management Limited Under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

Silicon Rental Solutions Ltd · 543615

✦ AI SummaryOrder Win

Silicon Rental Solutions Ltd has entered into a Platform Service Agreement with WeWork India Management Limited to expand its distribution and customer reach by providing IT equipment rental, sales, and related services to WeWork India's members through its member platform.

Analysis Scores

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

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Silicon Rental Solutions Ltd - 543615 - Intimation Of Execution Of Platform Service Agreement With Wework India Management Limited Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Attachments (1)

📄

7882f186-419d-43ea-ba47-efb397fd196b.pdf

pdf

Download →
View document text
To, Date: September 16, 2026 The Secretary Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001, Maharashtra, India. RE: Disclosure under Regulation 30 read with Schedule III to the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”). Subject: Intimation of Execution of Platform Service Agreement with WeWork India Management Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/ Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Silicon Rental Solutions Limited has entered into a Platform Service Agreement with WeWork India Management Limited. The Company's offering under the arrangement covers IT equipment on rental, IT equipment sales, deployment, maintenance and asset lifecycle management, and e-waste collection and disposal. Under the arrangement, the Company will be listed as a service provider on WeWork India’s member platform, through which members may discover and procure the products and services offered by the Company. The agreement is for an initial term of three years, with a provision for renewal. The services will be contracted and provided by the Company directly to the respective members in its own name. WeWork India’s role is limited to that of a platform facilitator, and it will not itself provide the aforesaid services. The Company will pay WeWork India a referral fee on services converted through the platform, on commercially agreed terms. The arrangement is non-exclusive and does not involve any minimum volume of business, referrals or revenue commitment by WeWork India. The details as required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular bearing reference No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are provided in Annexure A. This intimation is also available on the website of the Company at https://www.silicongroup1.com. Contacts: Pune Office: Mumbai HO: New Delhi Office: +91 90825 60851 Flat G1, S N 78, Plot 109 Mohini Heights, 55/14, 1st Floor, +91 98200 86270 110 Raviraj Residency Unit No. 5, 5th Rd, Khar Umrao House, Paschim Vihar, Email: sales@silicongroup1.com Pune (M Corp.) 411038 Mumbai- 400052 (MH) New Delhi- 110063 We request you to kindly take the above information on record and bring the same to the notice of all concerned. Thanking you. Yours faithfully, For Silicon Rental Solutions Limited Himanshi Tiwari Company Secretary and Compliance Officer Membership No. A65997 Contacts: Pune Office: Mumbai HO: New Delhi Office: +91 90825 60851 Flat G1, S N 78, Plot 109 Mohini Heights, 55/14, 1st Floor, +91 98200 86270 110 Raviraj Residency Unit No. 5, 5th Rd, Khar Umrao House, Paschim Vihar, Email: sales@silicongroup1.com Pune (M Corp.) 411038 Mumbai- 400052 (MH) New Delhi- 110063 Annexure A Details as required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as under: Sr. No. Particulars Details 1 Name(s) of parties with whom the WeWork India Management Limited agreement is entered 2 Purpose of entering into the agreement To expand the Company's distribution and customer reach by providing its IT equipment rental, sales and related services to WeWork India's members through its member platform. 3 Size of agreement Not Applicable 4 Shareholding, if any, in the entity with Nil whom the agreement is executed 5 Significant terms of the agreement (in The arrangement is for an initial term of three years, with brief) special rights like right to appoint provision for renewal. The Company will provide IT directors, first right to share subscription equipment rental, sales and related services directly to in case of issuance of shares, right to WeWork India's members through its member platform, restrict any change in capital structure against payment of referral fees on commercially agreed etc.; terms. No special rights, including rights relating to appointment of directors, subscription to shares or restriction on capital structure, are conferred on WeWork India. 6 Whether the said parties are related to No, the parties are not related to the promoter, promoter promoter/promoter group/ group group or group companies. companies in any manner. If yes, nature of relationship. 7 Whether the transaction would fall No, the transaction does not fall within related party within related party transactions? If yes, transactions. whether the same is done at “arm’s length”. 8 In case of issuance of shares to the parties, Not Applicable. details of issue price, class of shares issued. 9 In case of loan agreements, details of Not Applicable. lender/borrower, nature of the loan, total amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis; Contacts: Pune Office: Mumbai HO: New Delhi Office: +91 90825 60851 Flat G1, S N 78, Plot 109 Mohini Heights, 55/14, 1st Floor, +91 98200 86270 110 Raviraj Residency Unit No. 5, 5th Rd, Khar Umrao House, Paschim Vihar, Email: sales@silicongroup1.com Pune (M Corp.) 411038 Mumbai- 400052 (MH) New Delhi- 110063 10 Any other disclosures related to such Not Applicable. agreements, viz., details of nominee on the board of Directors of the listed entity, potential conflict of interest arising out of such agreements, etc 11 In case of termination or amendment of Not Applicable. agreement, listed entity shall disclose additional details to the stock exchange(s): i. name of parties to the agreement; ii. nature of the agreement; iii. date of execution of the agreement; iv. details of amendment and impact thereof or reasons of termination and impact thereof. Contacts: Pune Office: Mumbai HO: New Delhi Office: +91 90825 60851 Flat G1, S N 78, Plot 109 Mohini Heights, 55/14, 1st Floor, +91 98200 86270 110 Raviraj Residency Unit No. 5, 5th Rd, Khar Umrao House, Paschim Vihar, Email: sales@silicongroup1.com Pune (M Corp.) 411038 Mumbai- 400052 (MH) New Delhi- 110063