Transteel Seating has secured new orders worth a combined ₹78.38 Lakhs from Zyeta Private Limited and CBRE South Asia Pvt Ltd for the supply of modular furniture and chairs. The orders were disclosed to the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These domestic orders are expected to bolster the company's revenue stream in the current fiscal year, with execution timelines varying by client.

The order from CBRE South Asia Pvt Ltd is valued at ₹37.16 Lakhs excluding taxes and involves the supply of modular furniture and chairs. This order is scheduled for completion within 45 days as per the contractual timeline. The company confirmed that neither the promoter group nor group companies hold any interest in CBRE South Asia Pvt Ltd, and the transaction is not a related party transaction.

In a separate development, the company received an order worth ₹41.21 Lakhs from Zyeta Private Limited for the supply, installation, testing, and commissioning (SITC) of modular furniture. This order is expected to be executed by August 2026. Similar to the CBRE order, this transaction is conducted at arm’s length and does not involve any interests from the promoter group or group companies.

Order Details

The key specifics of the orders are outlined below:

The disclosures were made in compliance with the Master circular of SEBI/HO/CFD/PoD2/CIR/P/ 0155 dated November 11, 2024.

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.