NSEGeneral Updates6d ago · 25 Aug 2026, 10:53 pm

General Updates

Seshaasai Technologies Limited · STYL

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Seshaasai Technologies Limited has acquired an immovable property in Bangalore for ₹172.05 million to expand its manufacturing capacity.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Seshaasai Technologies Limited has informed the Exchange about Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Acquisition/Purchase of Immovable Property

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SESHTECH2024_25082026225018_STYL_Disclosure_signed.pdf

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August 25, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services The Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai – 400 001 Mumbai - 400051 Scrip Code: 544533 Symbol: STYL Dear Sirs, Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Acquisition/Purchase of Immovable Property Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform you that Seshaasai Technologies Limited (“Company”) has acquired/purchased an immovable property situated at No.-, Peenya IV Phase, Industrial Area, Bangalore-560058 for a total consideration of ₹172.05 million. The value of the aforesaid transaction exceeds the materiality threshold prescribed under Regulation 30(4) of the SEBI LODR Regulations and, accordingly, the transaction is being disclosed to the Stock Exchanges. The details of the acquisition are set out below: Particulars Details Nature of transaction Purchase/Acquisition of immovable property Description of property Factory Premises Location of property No.504, Peenya IV Phase, Industrial Area, Bangalore-560058 Area Area 1600 square meters Date of acquisition August 25, 2026 Purchase consideration ₹ 172.05 million Mode of consideration Banking channels Purpose of acquisition Expansion of manufacturing capacity Seller / Transferor M/s Balaji Industries, Proprietor: Sri. P.S. Balaji Prasad Seshaasai Technologies Limited (Formerly known as Seshaasai Business Forms Limited) Registered Office: 9, Lalwani Industrial Estate, 14, Katrak Road Wadala, Mumbai – 400031 Tel,: +91 22 66270919/99 E mail: info@seshaasai.com I Website: www.seshaasai.com I CIN No.: L21017MH1993PLC074023 Particulars Details Relationship with the Not a Related Party Company Whether the acquisition is a related party No transaction Source of funds Internal accruals The acquisition has been undertaken with a view to support the Company's business operations / facilitate future expansion, establish additional manufacturing facilities to meet the Company's long-term strategic requirements. Strategic rationale The acquisition is expected to enhance the Company's operational capabilities and provide adequate infrastructure for its anticipated business growth The purchase consideration has been arrived at on an arm’s-length basis and the transaction has been undertaken in accordance with the applicable laws and internal approval processes of the Company. The transaction does not have any adverse impact on the operations of the Company. The Company shall make such further disclosures as may be required under the applicable provisions of the SEBI LODR Regulations. This is for your information and records. Thanking you, Yours Sincerely, For Seshaasai Technologies Limited (formerly known as Seshaasai Business Forms Limited) Manali Siddharth Shah Company Secretary and Compliance Officer Seshaasai Technologies Limited (Formerly known as Seshaasai Business Forms Limited) Registered Office: 9, Lalwani Industrial Estate, 14, Katrak Road Wadala, Mumbai – 400031 Tel,: +91 22 66270919/99 E mail: info@seshaasai.com I Website: www.seshaasai.com I CIN No.: L21017MH1993PLC074023