Krishna Kejriwal, promoter of Remsons Industries Limited, has submitted a formal declaration to the stock exchanges confirming that no encumbrance of shares was created, directly or indirectly, during the financial year ended 31st March, 2026. The declaration has been filed pursuant to Regulation 31(4) of the Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and covers Kejriwal along with all Persons Acting in Concert (PAC).

Regulatory Filing Details

The declaration was addressed to the Corporate Service Department of BSE Limited and the Listing Department of the National Stock Exchange of India Limited, and is dated 3rd April, 2026. The filing was made from Mumbai and is accompanied by details of all promoters and PAC entities on whose behalf the declaration has been submitted.

Promoters and PAC Covered Under the Declaration

The following entities and individuals are covered under the no-encumbrance declaration for the financial year ended 31st March, 2026:

Compliance and Acknowledgement

The declaration has been submitted to both exchanges for record purposes, with a request for acknowledgement of receipt. A copy has also been marked to the members of the Audit Committee of Remsons Industries Limited at its registered office located at 1122, Solitaire Corporate Park, Andheri Ghatkopar Link Road, Chakala, Near Satam Wadi, Andheri (East), Mumbai - 400093, Maharashtra, India. The filing underscores the promoter group's compliance with applicable SEBI regulations governing substantial acquisition of shares and takeovers.

Remsons Industries Limited has announced that its step-down subsidiary, Remsons Automotive Ltd. (UK), has been nominated by a global commercial vehicle OEM for a significant 10-year pedal box supply programme. The nomination, disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was communicated to the stock exchanges on 8th May, 2026. The programme carries an estimated lifetime value of approximately ₹160 crores, marking another notable international contract win for the Group.

Programme Overview

The contract has been awarded by a leading global commercial vehicle OEM manufacturer and is international in nature. Remsons Automotive Ltd. (UK) will be responsible for the supply of pedal boxes — a structural, safety-critical assembly that integrates the brake and, where applicable, clutch pedals into a single mounted unit fitted to the vehicle's bulkhead — under this programme. The award follows an extended technical evaluation and competitive sourcing process in which Remsons was assessed on engineering capability, manufacturing readiness, quality systems, programme management, and total landed cost over the ten-year programme life. The programme is set to run for 120 months, with start of production scheduled for Q4 CY2028, and the full order value of ₹160 crores to be executed over the ten-year term.

The key details of the contract, as disclosed under Regulation 30(4) of the Listing Regulations, are summarised below:

Strategic Significance

The nomination is described as a significant milestone for the Remsons Group, materially expanding the company's commercial vehicle order book and deepening its position as a Tier-1 system supplier to global truck and bus manufacturers. The pedal box programme moves Remsons further up the value chain from individual components to integrated, safety-critical sub-assemblies, and reinforces the strategic role of the UK subsidiary as the Group's gateway to European OEM business. With SOP scheduled for Q4 CY2028, programme tooling, validation, and capacity planning will be progressed across the Group's UK and India operations over the coming quarters.

Davinder Bains, MD of Remsons Automotive Ltd., commented on the development:

"This nomination is a landmark moment for the Remsons Group. Securing a ten-year pedal box programme of this scale with a global commercial vehicle OEM validates the engineering depth, manufacturing capability and quality systems that we have built across our Indian and UK operations. It is a defining win for the entire Group and provides clear, multi-year revenue visibility into the next decade."

Regulatory Disclosure

The intimation was filed by Rohit Darji, Company Secretary & Compliance Officer of Remsons Industries Limited, in accordance with SEBI (LODR) Regulations, 2015, and the SEBI Master Circular dated 30th January, 2026. The company confirmed that neither the promoter, promoter group, nor any group companies have any interest in the entity that awarded the contract, and the order does not fall within the scope of related party transactions.