In terms of Regulation 30 read with Part A, Para A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of ....
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Beezaasan Explotech's Board, at its meeting on September 4, 2025, approved the incorporation of a wholly owned subsidiary named 'Beezaasan Safetycord Limited (BSL)'. The new entity will operate in the manufacturing and explosives-related activities sector, focusing on high-energy explosives, safety fuses, and gunpowder to diversify the company's product line. Beezaasan will hold 100% of BSL's share capital at face value of Rs. 10 per share, with initial capital subscribed via cash. The transaction is classified as a related party transaction done at arm's length, and completion is targeted within 6 months.
This is a forward-looking expansion move into higher-energy explosives and safety products, which could widen revenue streams and market share. For shareholders, it signals growth intent but adds execution risk and time (up to 6 months) before any revenue contribution kicks in.