Belrise Industries subsidiary Belrise UK Holdings Limited has formally signed the Share Purchase Agreement on March 18, 2026, to acquire 100% of Chester Hall Precision Engineering Holdings Limited for £13.2 million. The company filed comprehensive regulatory disclosure with stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, providing detailed insights into this strategic aerospace sector expansion.

Agreement Execution and Regulatory Compliance

The Share Purchase Agreement was formally executed by Belrise UK Holdings Limited, a step-down wholly owned subsidiary, with shareholders of Chester Hall Precision Engineering Holdings Limited. The target company is incorporated in England and Wales with registered office at 24 Old Bond Street, London W1S 4AP, United Kingdom. The filing was signed by Manish Kumar, Head of Legal, Company Secretary and Compliance Officer, ensuring full regulatory compliance for this significant corporate action.

Chester Hall's Financial Performance and Strategic Position

Chester Hall operates as a UK-based leader in aerospace and space manufacturing, specializing in precision machining of aerostructures, aero-engine parts, and satellite components. The target company holds 100% of Chester Hall Precision Engineering Limited, incorporated on January 10, 1974, demonstrating strong operational heritage and market presence.

Business Operations and Industry Focus

The target company and its subsidiary are engaged in design, development, engineering, manufacture, assembly, supply and sale of parts, components and systems for aerospace, aviation, space and defense industries. Chester Hall serves as a single-source supplier for multiple programs with global aerospace OEMs and maintains top-tier supplier status with leading aircraft engine manufacturers.

Strategic Integration and Transaction Structure

The acquisition represents a defining chapter in Belrise's expansion strategy, moving beyond automotive into one of the most technically demanding and fastest-growing global sectors. The transaction involves cash consideration with a component of deferred consideration and earn-out based on achievement of specified financial targets. The acquisition is not a related party transaction and has been undertaken on an arm's length basis.

Belrise Industries Limited has announced a virtual group meeting for analysts and institutional investors, scheduled for March 24, 2026. The meeting represents part of the company's ongoing investor engagement activities under regulatory compliance requirements.

Meeting Details and Schedule

The company has provided specific details regarding the upcoming investor interaction through its official communication to stock exchanges dated March 18, 2026.

Regulatory Compliance Framework

The meeting is being conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company officials will be attending the session to engage with institutional investors and analysts.

The company has emphasized that discussions will be based solely on publicly available information. No unpublished price sensitive information (UPSI) is proposed to be shared or discussed during these interactions, ensuring full compliance with regulatory guidelines.

Administrative Details

Belrise Industries has noted that the schedule remains subject to change due to exigencies on the part of participants or the company. The information has been made available on the company's website under the 'Investor Relations' section for stakeholder reference.

The communication was signed by Manish Kumar, Head of Legal Company Secretary and Compliance Officer, with membership number F7990, confirming the official nature of the announcement and adherence to corporate governance standards.