Intimation under Regulation 30 of Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ) Updateon change of name of Syrma Strategic Electronics Private Limited ( JV Company ) in terms ofJoint Venture Agreement between Syrma SGS Technology Limited ( Company ) ,Syrma StrategicElectronics Private Limited and SH Electronic Co. Limited ( SHE ).
SYRMA · price
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Syrma SGS Technology's joint venture company, Syrma Strategic Electronics Private Limited, has been renamed to 'Shinhyup Syrma Circuits Private Limited' with effect from April 10, 2026, after the Ministry of Corporate Affairs approved the change. The JV is between Syrma SGS Technology and South Korea's SH Electronic Co. Limited (SHE), and the JV transaction was already completed on December 30, 2025, with shares allotted to both partners. The new name reflects the Korean partner's brand 'Shinhyup' combined with Syrma, indicating deeper integration of the partnership. The company has requested BSE and NSE to take the update on record.
This is a procedural update on an existing JV and is unlikely to have a direct material impact on Syrma's stock price. The rebranding signals the formal operationalization of the Indo-Korean JV, which may support the company's electronics manufacturing growth plans in the long term.