Technosoft Engineering Projects Ltd, a subsidiary of Technocraft Industries , has acquired a 100% equity stake in Technosoft Integrated Solutions K.K., a newly incorporated company based in Japan. The acquisition, valued at 50,000 Japanese Yen (approximately ₹30,000), aims to expand the subsidiary's business presence in the Japanese market.

The target entity, Technosoft Integrated Solutions K.K., was incorporated on November 07, 2025, in Tokyo, Japan. As of the filing date, the company has not commenced business operations and reported nil turnover. The acquisition was completed as a strategic move to align with the business objectives of Technosoft Engineering Projects Ltd.

Technosoft Integrated Solutions K.K. operates in the engineering and technology sector, providing integrated services that include design, software, Internet of Things (IoT), and digital solutions. The company also engages in manufacturing, sourcing, sustainability consulting, and the import-export of engineering and textile products, along with related ancillary activities.

The transaction does not qualify as a related party transaction, and the promoters or promoter group of Technocraft Industries (India) Ltd do not hold any interest in the acquired entity. The acquisition was conducted at arm's length, and no specific governmental or regulatory approvals were required for the completion of this deal.

The consideration for the acquisition was settled in cash, amounting to 50,000 Japanese Yen for the entire share capital. The acquisition process is expected to be finalized within 90 days from the date of the intimation. The details of the acquisition were disclosed to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Acquisition

The following table summarizes the key parameters of the acquisition:

Promoters of technocraft industries , Sudarshankumar Saraf and Sharadkumar Saraf, have confirmed that they did not pledge or encumber any shares directly or indirectly during the financial year 2025-26. The declarations were submitted to the stock exchanges to comply with regulatory disclosure requirements regarding substantial acquisition of shares and takeovers.

The disclosures were made under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Both promoters clarified that the declaration covers their individual holdings as well as those of persons acting in concert with them.

The letters were addressed to the National Stock Exchange of India Limited and BSE Limited on April 06, 2026. The submissions confirm the absence of any lien or encumbrance on the promoter shareholding for the specified financial year.

Key Disclosures

Technocraft Industries (India) Limited was marked as a copy recipient in the correspondence sent by the promoters to the exchanges.