BSECompany Update31 Aug 2026 · 31 Aug 2026, 06:35 pm
Pursuant to Reg 30 of the SEBI (LODR) Reg,2015 we hereby inform regarding Incorporation of Joint Venture Company.
Mehai Technology Ltd · 540730
✦ AI SummaryJoint Venture
Mehai Technology Ltd has incorporated a joint venture company, Mehai Manjeera Enterprise Private Limited, with Manjeera Engineering and Construction Co. Private Limited to provide mechanised cleaning, housekeeping and allied services.
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Mehai Technology Ltd - 540730 - Announcement under Regulation 30 (LODR)-Joint Venture
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M ehai Mehai Technology Limited
CIN: L62099WR2013PLC293942
Date: 31.08.2026
The Manager
Department of Corporate Services
Bombay Stock Exchange Limited
1st Floor, New Trading Wing,
Rotunda Building, Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai-400 001
Scrip Code: 540730
Security Id- MEHAI
Dear Sir/ Madam,
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 — Incorporation of Joint Venture Company
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“SEBI LODR Regulations”), we hereby inform you that Mehai Technology Limited (“the
Company”) has incorporated a Joint Venture Company, namely Mehai Manjeera Enterprise Private
Limited, having CIN: U96010WR2026PTC296431 on 28" August, 2026 jointly with Manjeera
Engineering and Construction Co. Private Limited.
The details as required under Regulation 30 read with Schedule III of the SEBI LODR Regulations
and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026
as amended from time to time, are enclosed herewith as Annexure A.
The incorporation of the Joint Venture Company is in line with the Company’s strategic objectives
and is expected to enable the parties to undertake and provide mechanised cleaning, housekeeping and
allied services to various organisations, including Government departments, public sector undertakings
and other eligible entities.
This disclosure is being made for the information of the Stock Exchange and the members of the
Company.
‘We request you to kindly take the above information on your records.
Thanking You
Yours Faithfully
For Mehai Technology Limited
JUGAL KISHORE gy speas s stons
BHAGAT e -
Jugal Kishore Bhagat
Managing Director
DIN: 02218545
Regd. & Corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN
Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343
Mehai Technology Limited
CIN: L62099WR2013PLC293942
ANNEXURE - A
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
read with Schedule IIT
ls\ll(;. Particulars Details
1 Name(s) of parties with whom Mehai Technology Limited (“Company”)has entered into a
the agreement is entered Joint Venture Agreement (“JVA™) with Manjeera Engineering
and Construction Co. Private Limited (“JV Partner”) for
incorporation and operation of Mehai Manjeera Enterprise
Private Limited (“JV Company™).”
2 Purpose of entering into the The purpose of entering into the JVA is to establish a joint
agreement venture for any legally permissible arrangement, in tenders,
contracts, bids, concessions, work orders and other procurement
opportunities floated by Indian Railways, Railway Zones,
Railway Production Units, Railway PSUs, Government
Departments, Ministries, Local Authorities, Statutory Bodies,
Public Sector Undertakings, Government Companies,
autonomous bodies, private organisations and other entities, in
relation to mechanised laundry services, laundry management
services, washing, drying, ironing, pressing, folding, packing,
handling and distribution of linen, bed rolls and other textile
articles, Mechanized Cleaning Services & Housekeeping
Services.. The JV Company will undertake the following
business.
3 Shareholding, if any, in the entity | The Company holds 49% of the equity share capital of the TV
with whom the agreement is | Company and Manjeera Engineering and Construction Co.
executed Private Limited holds the remaining 51%.”
4 Significant ~ terms of the | The Board of Directors of the JV Company have been appointed
agreement (in brief), including | one director from each of the Company and the JV Partner,
special rights namely Mr. Jugal Kishore Bhagat and Mr. Ashok Khoba,
respectively.”
5 ‘Whether the parties are related to | No
promoter/promoter group/group
companies
6 ‘Whether the transaction would | No
fall within related party
transactions
7 In case of issuance of shares, | 10,000 equity shares of face value of X10 each, aggregating to
details of issue price and class of | 1,00,000.
shares The Company has subscribed to 4,900 equity shares of 310
each, aggregating to ¥49,000
8 Any other disclosures relating to | None
the agreement
9 Details about the Joint Venture Name: Mehai Manjeera Enterprise Private Limited
Company CIN: U96010WR2026PTC296431
Date of incorporation: 28 August 2026
Country of Incorporation: India
Registered office: 144, Dakshindari Road, Sreebhumi, North
24 Parganas, Kolkata — 700048
Nature of business: Housekeeping Services and allied activities
Issued/ Paid up share capital: ¥1,00,000
Shareholding: 49% held by Mehai Technology Limited and
Regd. & Corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN
Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343
Mehai Technology Limited
CIN: L62099WR2013PLC293942
51% held by Manjeera Engineering and Construction Co.
Private Limited.
10 Date of execution of the 28% August,2026
agreement
11 Expected date of commencement | The date of commencement of commercial operations has not
of commercial operations yet been determined.
12 Nature of consideration Subscription to Equity Shares of the JV Company.
13 Total consideration / investment | ¥49,000 towards subscription to 4,900 equity shares of 310 each,
by the Company representing 49% of the equity share capital of the JV Company.
14 Size of the agreement The JVA does not involve any separate monetary consideration.
The Company's investment in the JV Company is 349,000
towards subscription to 4,900 equity shares of %10 each.
15 Rationale and benefits expected | The JV is expected to enable the Company to expand its
from the transaction business, participate in new market opportunities and undertake
housekeeping and allied services, thereby supporting the
Company's long-term business objectives.
16 Impact of the agreement on the | The transaction is not expected to have any material adverse
listed entity impact on the Company.
17 ‘Whether the transaction is in the | The incorporation of the Joint Venture Company is in the
ordinary course of business furtherance of the Company's business
18 ‘Whether the transaction is | The transaction is being disclosed pursuant to Regulation 30 of
material under Regulation 30 the SEBI LODR Regulations.
19 Conflict of interest, if any None.
20 Other material terms and | None other than those stated above.
conditions
Digtaly signed by JUGAL
JUGALKISHORE (sore siacar
Date: 20260831 18:19:47
BHAGAT 0
Regd. & Corporate Office: 144, Dakshindari Road, Sreebhumi, North 24 Pgs. Kolkata - 700048 WB IN
Web: www.mehaitech.co.in E-mail: cs@mehai.co.in Phone: 91-9836000343