BSECompany Update2d ago · 11 Aug 2026, 07:20 pm
Intimation under Reg. 30 of SEBI (LODR)
Shrydus Industries Ltd · 511493
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Shrydus Industries Ltd has terminated a share purchase agreement with Roopaya General Trading Company L.L.C due to failure to complete the transaction within the stipulated timelines.
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Shrydus Industries Ltd - 511493 - Information Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015 - Termination Of Share Purchase Agreement
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Date: 11/08/2026
The Manager Compliance
Department BSE Limited
P.J. Towers, Dalal Street,
Fort Mumbai-400001
Scrip Code: 511493
Scrip Id: SHRYDUS
Sub.: Information under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements), Regulations, 2015 – Termination of Share Purchase Agreement
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended from time to time, we wish to inform you
that Shrydus Industries Limited (“Acquirer”) had entered into a Share Purchase
Agreement (“SPA”) dated 09th October, 2024 with Roopaya General Trading Company
L.L.C (“the said company”) for the acquisition of 100% stake in the company.
As per the terms and conditions of the SPA, Shrydus Industries Limited (“Acquirer”) was
required to pay the agreed purchase consideration and complete the requisite
conditions necessary for consummation of the Transaction within the stipulated
timelines.
However, despite the terms agreed under the SPA, Shrydus Industries Limited
(“Acquirer”) failed to make the payment of the agreed purchase consideration and failed
to complete the requisite obligations and formalities for consummation of the
Transaction within the stipulated period.
Consequently, the Transaction could not be completed in accordance with the terms of
the SPA. Accordingly, the Company has terminated the Share Purchase Agreement with
Roopaya General Trading Company L.L.C in accordance with the terms of the SPA and
the applicable contractual provisions.
The Company confirms that, as a consequence of the termination, there will be no
further transfer of the shares contemplated under the SPA, and the Company shall
continue to evaluate and pursue its business plans in the ordinary course.
Kindly take the same on your record and acknowledge receipt of the same.
Thanking You
Yours Faithfully
For Shrydus Industries Limited
Shrey Premal Parekh
Managing Director
DIN: 08513653