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

✦ AI SummaryDivestiture

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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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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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