Data Patterns (India) Limited announced the cessation of Mr. Sastry Venkata Rama Vadlamani’s tenure as Non-Executive Independent Director, effective September 9, 2026.

The departure follows the completion of his term. Mr. Vadlamani has decided not to seek re-appointment for a second term due to other professional commitments.

Regulatory Disclosure

The company issued the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references a prior communication dated June 25, 2026, regarding the upcoming conclusion of his tenure.

Mr. Vadlamani will cease to be a member of respective committees within the company effective from the closure of business hours on September 9, 2026.

Board Appreciation

The Board of Directors and management expressed appreciation for Mr. Vadlamani’s guidance and contributions during his tenure. They conveyed best wishes for his future endeavors.

Data Patterns has completed the execution of the share purchase agreement to acquire a 100% stake in ST Advanced Composites Private Limited. The transaction, finalized on August 25, 2026, involves a total consideration of ₹10 crore. This move establishes ST Advanced Composites as a wholly owned subsidiary of the Chennai-based firm.

The deal structure comprises two distinct components aimed at facilitating the transfer of ownership and stabilizing the target company’s balance sheet. Data Patterns paid ₹1.50 crore to the promoters of ST Advanced Composites for the acquisition of equity shares. The remaining ₹8.50 crore was extended as a loan to the target company specifically to enable it to settle its existing liabilities.

Transaction Details

The acquisition is subject to the fulfillment of customary conditions precedent and other terms agreed upon in the share purchase agreement. Upon completion, Data Patterns holds 100% of the equity shares on a fully converted and diluted basis.

What the Numbers Show

The capital structure of this acquisition reveals a significant dependency on debt financing relative to equity investment. Of the total ₹10 crore consideration, 85% was deployed as a loan facility rather than direct equity payment. This suggests that the primary immediate financial requirement for the target entity is liability clearance rather than promoter exit liquidity, indicating that the acquired business may carry substantial existing obligations that needed resolution prior to full integration.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Prakash R, Company Secretary and Compliance Officer of Data Patterns, signed the communication filed with the National Stock Exchange of India Limited and BSE Limited.