BSECompany Update1d ago · 24 Sept 2026, 06:18 pm
Rexnord Electronics and Controls Limited has informed about the disinvestment of its entire holding of Rexnord Enterprise Private Limited, wholly owned subsidiary of the Company, in terms of the Share Purchase Agreement dated September 24, 2026.
Rexnord Electronics & Controls Ltd · 531888
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Rexnord Electronics & Controls Ltd has informed about the disinvestment of its entire holding of Rexnord Enterprise Private Limited, a wholly owned subsidiary, in terms of the Share Purchase Agreement dated September 24, 2026.
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Rexnord Electronics & Controls Ltd - 531888 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
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C€@O@
Rexnord Electronics & Controls Ltd.
Clrl No. 131200MH1988P1C047946
Date: September 24, 2026.
Deputy General Manager,
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street, Forf
Mumbai - 400 001
Ref: Security Code No.531888.
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations,2015 ["SEBI (LODR) Regulations"l.
Dear Sir/Madam,
In continuation of our earlier letters dated November -1,2, 2027, September 79, 2026 and September
22, 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, in terms of the Share Purchase Agreement dated September 24,
2026, with respect to disinvestrnent of its entire holding of Rexnord Enterprise Private Limited
(REPL), wholly owned subsidiary of the Company.
Accordingly, Rexnord Enterprise Private Limited ceases to be the subsidiary of the Company
The details as required under Regulation 30 of SEBI (LODR) Regulations,2015 read with SEBI
Circular No. SEBI/HO/CFD/PoD2/ClR/P/01.55 dated November 11,, 2024 and updated on
January 30,2026 ("SEBI Circulars") are provided in Annexure A.
Thanking you,
Yours faithfully
FoT REXNORD ELECTRONICS AND CONTROLS LIMITED
KISHORECHAND TALWAR
CHAIRMAN AND MANAGING DIRECTOR
(DIN:0035L75L)
Encl: as above
Plot No. A - 7, MIDC, Road No. 5, Andheri (East), Mumbai- 400 093, lNDlA. Tel: +9t-22 - 62401800
E-mail: info@rexnordindia.com www.rexnordindia.com
Rexnord Etectronics & Controls Ltd. C€ @ @ @
CIN No. 131200MH1988P1C047945
Annexure-A
Sr. Particulars Details
a. The amount and percentage of the The amount and percentage of the turnover
furnover or revenue or income and contributed by Rexnord Enterprise Private
net worth contributed by such unit Limited during the financial year ended March
or division or undertaking or 31,2026:
subsidiary or associate company of
the listed entity during the last Amount:NIL
financial year; Percentage Contribution: NIL
The amount and percentage of the net worth
contributed by Rexnord Enterprise Private
Limited during the financial year ended March
37,2026:
Amounl INR 62,7 6,730.90 / -
Percentage Contribution:0.65% (on basis of
consolidated financial statements)
b. Date on which the agreement for sale September 24,2026
has been entered into;
c The expected date of completion of October 70,2026
sale/disposal;
d. Consideration received from such Total Consideration of INR (5,50,00,000/-
sale/disposal; (Rupees Five Crores Fifty Lakhs only)
(" Purchase Consideration" )
e. Brief details of buyers and whether JAMIN PROPERTY DEVELOPERS I PRIVATE
any of the buyers belong to the LIMITED, a company incorporated under the
promoter/ promoter group/group Companies Act,2073, bearing CIN:
companies. If yes, details thereof; U6B1 00TN2024PTC7697 46, having its registered
office at No. 6, FIat 2D, Queens Court, Montieth
Road, EthirajSalai, Egmore, Chennai - 600008,
The ('Buyer') is not related to promoter/
promoter group/ group companies.
\Arhether the transaction would fall No
within related party transactions. If
yes, whether the same is done at
" arrn's length";
o \Mhether the sale,lease or disposal of Not Applicable
the undertaking is outside Scheme of
Arrangement? If yes, details of the
same including compliance with
regulation 37A of LODR
Regulations.
Plot No. A-7, MIDC, Road No. 5, Andheri (East), Mumbai-400 093, lNDlA. Tel: +97-22 - 52401800
E-mail: info@rexnordindia.com www.rexnordindia,com
C€@O@
Rexnord Electronics & Controls Ltd.
CIN No. 131200MH1988P1C047946
h. Additionally, in case of a slump sale, Not Applicable
indicative disclosures provided for
amalgamation/ merger, shall be
disclosed by the listed entity with
respect to such slump sale.
Plot No. A-7, MIDC, Road No. 5, Andheri (East), Mumbai-400 093, lNDlA. Tel: +9L-22 - 62401800
E-mail: info@rexnordindia.com www.rexnordindia.com