BSECompany Update1d ago · 24 Sept 2026, 05:43 pm
Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015
South Asian Enterprises Ltd · 526477
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South Asian Enterprises Ltd has received a provisional attachment order from the Income Tax Department, which will impact 59,674 equity shares held by deceased promoters. The company believes there will be no material impact on its financials, operations, or activities.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
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South Asian Enterprises Ltd - 526477 - Announcement Under Regulation 30 (LODR) - Updates
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SOUTH ASIAN ENTERPRISES LIMITED ••••••
Corp. Office: 90, Okhla Industrial Estate Phase-Ill, New Delhi-110020
Tel.: +91-11-46656666
Our Email Address : For investor Services : investordesk.sael@gmail.com •
Other than above : southasianenterprises@gmail.com, info@sael.co.in
elec.earthing.sael@gmail.com Website : www.sael.co.in
CIN NO.: L91990UP1990PLC011753
September 24, 2026
Listing Department,
BSE Ltd.,
Corporate Relation Department,
P.J. Towers, Dalal Street,
Fo1t, Mumbai - 400 001
Scrip Code: 526477
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures
Reg uirements) Regulations, 2015.
Dear Sir/ Madam,
In terms ofregulation 30 read with part A of Schedule III of the SEBl (Listing Obligations and Disclosure
Requirements) Regulations, 2015, this is to inform you that the Company, has received from the Income
Tax Department, Office of the Deputy Director of Income Tax, Investigation DD/A DTT (Inv) - 3( 1) FAIU,
Delhi an Order dated 22/09/2026 under section 84 of the Black Money (Undisclosed Foreign Income and
Assets) and Imposition of Tax Act, 2015 read with section 2818 of the Income-tax Act, I 961 provisionally
attaching the movable/immovable properties of the Promoter Shri Mahesh Prasad Mehrotra
(since deceased) pending conclusion of proceedings initiated under the aforesaid Act. As stated in the said
order, it will impact 58,673 Equity Shares of the Company held by Ms. Divya Mehrotra (since deceased)
which were passed onto Shri Mahesh Prasad Melu·otra (since deceased) and 1 Equity Share held by
Shri Mahesh Prasad Mehrotra (since deceased) in the Company.
The information came to our knowledge on September 23, 2026 at 7:45 p.m. The management perceives
that there will not be any material impact on financials, operations or other activities of the Company due
to the above-mentioned order.
The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBT Master Circular SEBI/HO/49/l 4/l 4(7)2025-CFDPOD2/l/3762/2026
dated January 30, 2026, is enclosed herewith as Annexure -A.
Kindly acknowledge the receipt. .--··-
. .,,-· ,, ; I '"'-
JT oh
ank mg you, 11 .!__?:- t. .('.--),' \
South Asian Ente,p,iscs Lirnitew,f , '\,_ ';\
1 ~-'tr_/),
Khushi Gmg
Company Sec1J ary & Compliance Officer
M. No. -A76147
******************
Regd. Office : Room No. 1, 4/25, Gagan Deep, Triveni Nagar, Meerpur Cantt, Kanpur-208004 (U.P.)
Annexure-A
Details under Regulation 30 of the SEBI Listing Regulations read along with SEBI
Master Circular SEBI/HO/49/14/14(7)2025-CFDPOD2/l/3762/2026 dated
January 30, 2026:
Particulars Details
1 Name of Authority Income Tax Department, Office of the
Deputy Director of Income Tax,
Investigation DD/ADIT (Inv) - 3(1) FAIU,
Delhi
2 Nature and details of the action(s) Provisional Attachment Order issued by the
taken, or order(s) passed Deputy Director of Income Tax,
Investigation DD/ ADIT (Inv) - 3(1) FA IU,
Delhi
3 Date of receipt of direction or order, 23/09/2026
including any ad-interim or interim
orders, or any other communication
from the authority
4 Details of the Allegedly undisclosed Foreign Assets
violation( s )/contravention( s) representing income of Shri Mahesh Prasad
committed or alleged to be Mehrotra (since deceased) which have not
committed been disclosed for purpose of taxation 111
India.
5 Impact on financial, operation or The said order will not have any impact on
other activities of the listed entity, financial, operation or other activities of the
quantifiable 111 monetary terms to Company.
the extent possible