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
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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.
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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
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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