Belrise Industries Forms French Defense Subsidiary

Belrise Industries Limited has incorporated a step-down wholly-owned subsidiary in France to expand its operations in the defense and aerospace sector. The company announced this development through a regulatory filing dated December 16, 2025, pursuant to Regulation 30 of the SEBI Listing Regulations.

Subsidiary Details and Structure

The newly incorporated entity, Belrise SDM, has been established in France with its registered office at 1 Place de la Gare, 59000 Lille, France. The subsidiary's capital structure and ownership details are outlined below:

Parameter	Details
Share Capital	€100,000.00
Number of Shares	10,000 shares
Par Value	€10.00 per share
Ownership	100% held by Belrise Defence Aerospace Private Limited
Incorporation Date	December 15, 2025

Business Scope and Objectives

Belrise SDM will operate in specialized technology sectors aligned with the parent company's core business activities. The subsidiary's business scope encompasses:

Engineering and mechanical technologies
Optical, electrical, and electronic technologies
Software development for specialized applications
Technologies for defense, space, and aerospace industries
Related industrial activities supporting these sectors

The company emphasized that the business activities of the proposed subsidiary are aligned with the main line of business of Belrise Industries Limited, ensuring strategic coherence in operations.

Regulatory Compliance and Related Party Status

The step-down wholly-owned subsidiary will be classified as a related party of Belrise Industries starting from its incorporation date. The company has confirmed that promoters, promoter groups, and group companies have no additional interest in the newly formed entity beyond the existing corporate structure.

Compliance Aspect	Status
Related Party Transaction	Yes, from incorporation
Promoter Interest	No additional interest
Regulatory Approvals	Not applicable
Consideration Type	Not applicable

Strategic Implications

The incorporation of Belrise SDM represents the company's expansion into international markets, specifically targeting the European defense and aerospace sector. As a newly incorporated entity with capital subscribed on December 15, 2025, the subsidiary currently has no operational history or turnover. The establishment follows applicable French laws and regulations for corporate incorporation.

The company has indicated that this submission will be hosted on its website under the Investor Relations section at https://belriseindustries.com , ensuring transparency and accessibility for stakeholders.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.73%	+9.73%	+8.47%	+76.16%	+77.43%	+77.43%

Belrise Industries Limited has announced a senior management transition in its Human Resources department. The company disclosed that Mr. Lalitendru Samanta, Chief Human Resources Officer (CHRO), will superannuate with effect from the close of business hours on December 20, 2025. To ensure continuity in operations, the company has appointed Mr. Vaibhav Joshi as Interim Chief Human Resources Officer, effective December 21, 2025.

Leadership Transition Details

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Samanta, who forms part of the Senior Management Personnel (SMP), will be succeeded by Mr. Joshi, who brings 27 years of HR experience to the role.

Transition Details	Information
Outgoing CHRO	Mr. Lalitendru Samanta
Superannuation Date	December 20, 2025
Incoming CHRO	Mr. Vaibhav Joshi
Assumption Date	December 21, 2025
Position	Interim Chief Human Resources Officer

New CHRO Profile and Experience

Mr. Vaibhav Joshi, aged 51 years, joined the company on November 19, 2025, as Interim CHRO. He will be responsible for overseeing the Human Resource, Industrial Relations, and Administration functions of the company.

Professional Background

Joshi's 27 years of experience in Human Resources, Industrial Relations, and Administration includes associations with several reputed organizations:

Infiloom India Private Limited
Garware Technical Fibres Limited
Saint-Gobain Sekurit India Limited
Bharat Forge Limited
Yeshshree Press Comps Private Limited
Bagla Group of Industries

Educational Qualifications

Mr. Joshi holds comprehensive educational credentials relevant to his role:

Qualification	Details
Primary Degree	Master of Personnel Management (MPM)
Additional Qualification	Diploma in Labour Law and Labour Welfare
Specialized Training	Post Graduate Diploma in Human Resource Development (HRD)

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Clause 7C of Para A of Part A of Schedule III of the SEBI Listing Regulations. The company has provided detailed disclosures as prescribed under SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The submission has been hosted on the company's website under the Investor Relations section at https://belriseindustries.com .

This leadership transition represents a planned succession as part of the company's ongoing organizational development, ensuring continuity in human resources management and administration functions.