Cella Space Limited has notified BSE Limited of an upcoming Board of Directors meeting scheduled for Tuesday, May 26, 2026, in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The intimation was issued on May 18, 2026, from the company's registered office at "Sree Kailas", 57/2993-94, Paliam Road, Ernakulam, Cochin – 682 016.

Key Agenda Items

The board meeting has been convened to deliberate on and approve two primary matters, as outlined in the regulatory intimation. The following table summarises the key agenda items for the meeting:

Audited Financial Results for FY26

A primary item on the agenda is the consideration and approval of the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also take on record the audit report issued by the company's statutory auditors, prepared on the recommendation of the Audit Committee. This forms a key compliance milestone for the company under applicable SEBI listing regulations.

Appointment of Company Secretary and Compliance Officer

The board will also consider the appointment of Mr. Adith. K. L, holding ICSI Membership No. A74922, as the Company Secretary and Compliance Officer of Cella Space Limited. The appointment, if approved, will take effect from May 26, 2026. The intimation was signed by S. Rajkumar, Managing Director & Vice Chairman (DIN: 01790870), on behalf of the company.

Cella Space Limited has completed the disposal of its wholly owned subsidiary, Vijay Logistics Parks Private Limited, to Aura Space Industrial Warehousing Private Limited. The transaction was formally concluded on May 14, 2026, in accordance with the company's earlier board-approved strategy of forming wholly owned subsidiaries and subsequently divesting them as opportunities arise. The development was disclosed to BSE under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Background and Board Approval

The company had communicated to BSE on March 13, 2026, following a board meeting, that the Board had accorded its in-principle approval for forming wholly owned subsidiaries and selling them when suitable opportunities emerge. In line with this strategy, the sale agreement for Vijay Logistics Parks Private Limited was entered into on March 18, 2026, with May 14, 2026 set as the expected date of completion — a timeline that was met as scheduled.

Transaction Details

The following key details of the transaction have been disclosed pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023:

Buyer Profile and Transaction Nature

The buyer, Aura Space Industrial Warehousing Private Limited, does not belong to the promoter or promoter group of Cella Space Limited. The transaction does not qualify as a related party transaction. Additionally, the disposal is not carried out under any Scheme of Arrangement, and slump sale disclosure requirements are not applicable in this case.

Regulatory Compliance

The disclosure was made by S Rajkumar, Vice Chairman & Managing Director of Cella Space Limited, confirming compliance with the applicable SEBI regulatory framework. The subsidiary had contributed nil to the turnover, revenue, income, and net worth of the listed entity during the last financial year, as stated in the regulatory filing.