transteel seating has secured a new order worth ₹41.21 Lakhs from Zyeta Private Limited for the supply, installation, testing, and commissioning (SITC) of modular furniture. The order, valued at Rs. 41,21,797 excluding taxes, is expected to be completed by August 2026. This development was disclosed to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The order is domestic in nature, and the company confirmed that neither the promoter group nor group companies hold any interest in Zyeta Private Limited. Furthermore, the transaction does not fall under related party transactions and is conducted at arm’s length. The disclosure was made in compliance with the Master circular of SEBI/HO/CFD/PoD2/CIR/P/ 0155 dated November 11, 2024.

Order Details

The key specifics of the order are outlined below:

Transteel Seating Technologies confirmed that its promoters have not made any encumbrance of shares, directly or indirectly, during the financial year 2025-26. The disclosure was submitted to the National Stock Exchange of India on April 06, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulatory requirement mandates an annual declaration from promoters regarding the status of their shareholdings.

Shiraz Ibrahim, Chairman and Managing Director, submitted the declaration on behalf of the members of the promoter and promoter group, including Persons Acting in Concert. The filing explicitly states that no shares were encumbered throughout the specified financial period. The submission was addressed to the Exchange and the company's Audit Committee for record-keeping purposes.

The declaration covers three key individuals associated with the company. Shiraz Mohamed Ibrahim and Nasreen Shiraz are listed as Promoters, while Simran Ibrahim is categorized under the Promoter Group. The document includes their Permanent Account Number (PAN) details where applicable, verifying the identities of the declarants.

The following table details the entities and persons covered under this regulatory submission:

Transteel Seating Technologies, formerly known as Transteel Seating Technologies Pvt. Ltd., is headquartered in Bengaluru, Karnataka. The company operates across multiple cities including Ahmedabad, Chennai, Delhi, Hyderabad, Mumbai, and Pune. The confirmation of unencumbered shares provides transparency regarding the financial standing of the promoters' holdings in the company.