NSEAcquisition5 Oct 2026 · 5 Oct 2026, 09:06 pm

Acquisition

HLE Glascoat Limited · HLEGLAS

✦ AI SummaryM&A

HLE Glascoat Limited has informed the Exchange about an update on the Acquisition, where Thaletec GmbH has transferred 100% shareholding in HLE Surface Technologies GmbH to HLE International S.à.r.l., effective October 5, 2026, with the intention to rationalize and simplify the overall group structure.

Analysis Scores

Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

HLE Glascoat Limited has informed the Exchange about update on the Acquisition - as per attached letter.

Attachments (1)

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HLEGLASCOAT_05102026210421_Reg_30_1_sd.pdf

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Date: October 05, 2026 To, To, The Manager (CRD) The Manager - Listing Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 522215 Symbol: HLEGLAS Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that Thaletec GmbH (wholly owned subsidiary) has transferred 100% shareholding in HLE Surface Technologies GmbH (step-down subsidiary) to HLE International S.à.r.l. (wholly owned subsidiary), effective October 5, 2026. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure –A. Kindly take the same on your record. Thanking you, Yours faithfully, For HLE Glascoat Limited ACHAL S. THAKKAR Company Secretary & Compliance Officer Encl.: as above Annexure-A Details as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: Particulars Details Details and reasons restructuring Transfer of 100% shareholding in HLE Surface Technologies GmbH by Thaletec GmbH to HLE International S.à.r.l. effective October 5, 2026. The transaction has been undertaken with the intention to rationalize and simplify the overall group structure. Quantitative and/ or qualitative Rationalization and simplification of the effect of restructuring; overall group structure. Details of benefit, if any, to the None promoter/ promoter group/group companies from such proposed restructuring; Brief details of change in shareholding Internal restructuring through transfer of pattern (if any) of all entities; 100% shareholding by Thaletec GmbH of HLE Surface Technologies Gmbh to HLE International S.à.r.l.