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.
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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.