Belrise Industries Promoter Group Completes 6.56% Stake Sale via Block Deal

Belrise Industries has completed a significant stake sale by its promoter group entity through regulatory disclosure under SEBI takeover regulations. Sumedh Tools Private Limited, belonging to the promoter group, divested its entire shareholding of 5,83,43,040 equity shares representing 6.56% of the company's paid-up equity share capital through a block deal transaction on December 23, 2025.

Transaction Overview

The stake sale was executed through the National Stock Exchange block deal mechanism, resulting in a complete exit by Sumedh Tools Private Limited from its shareholding in the company. The transaction represents a strategic move by the promoter group as part of their stake rationalization strategy.

Transaction Details	Specifications
Shares Sold	5,83,43,040 equity shares
Face Value per Share	₹5.00
Percentage of Capital	6.56%
Transaction Date	December 23, 2025
Transaction Method	Block Deal at NSE
Selling Entity	Sumedh Tools Private Limited

Shareholding Pattern Changes

The disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 shows the complete transformation of Sumedh Tools Private Limited's stake in the company.

Shareholding Status	Before Transaction	After Transaction
Shares Held	5,83,43,040	Nil
Voting Rights (%)	6.56%	0.00%
Diluted Capital (%)	6.56%	0.00%

Regulatory Compliance Framework

The transaction has been disclosed in compliance with SEBI takeover regulations, with detailed filings submitted to both BSE Limited and National Stock Exchange of India Limited. The company's equity share capital remains unchanged at ₹444,93,95,960 before and after the transaction, indicating no dilution of existing shareholders' stakes.

Corporate Structure Impact

The sale represents a complete divestment by Sumedh Tools Private Limited, with the entity reducing its stake from 6.56% to zero. The transaction was authorized by Vijay Kasture, Director and Authorized Signatory of the selling entity, and executed from Pune. The disclosure emphasizes that this transaction is part of the promoter group's strategic stake rationalization without affecting the company's operational control or management structure.

Exchange Communication

Belrise Industries has formally communicated the transaction details to stock exchanges, with the company maintaining its listing on BSE (Scrip Code: 544405) and NSE (Scrip Code: BELRISE). The disclosure documentation has been prepared in the prescribed format under takeover regulations, ensuring complete transparency for market participants and regulatory authorities.

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 has issued a regulatory disclosure correcting the date of its strategic partnership agreement with Israel's Plasan Sasa. The company clarified that the three-year exclusive teaming and strategic agreement was signed on December 22, 2025, not December 18, 2025 as previously reported. The partnership focuses on jointly pursuing opportunities in the Indian defense market, particularly for ATEMM (All-Terrain Electric Mission Module) series vehicles.

Regulatory Disclosure and Agreement Correction

In its filing to BSE and NSE dated December 23, 2025, Belrise Industries provided detailed disclosure under Regulation 30 of SEBI Listing Regulations. The company acknowledged the inadvertent error in the previously mentioned date and confirmed the actual signing date as December 22, 2025.

Parameter:	Details
Actual Agreement Date:	December 22, 2025
Previously Reported Date:	December 18, 2025
Agreement Type:	Exclusive Teaming and Strategic Agreement
Partner Company:	Plasan SASA, Israel
Regulatory Filing Date:	December 23, 2025

Strategic Partnership Framework

The agreement establishes a comprehensive framework for cooperation between the two companies across multiple dimensions. The partnership encompasses joint identification, pursuit, and execution of business opportunities, including tenders from the Ministry of Defence (MoD), Public Sector Undertakings (PSUs), paramilitary forces, and other relevant governmental authorities.

Collaboration Aspect:	Details
Agreement Duration:	3 years
Performance Review:	Annual evaluation based on mutually agreed KPIs
Exclusivity:	Joint cooperation framework
Focus Area:	Technical and business cooperation

ATEMM Platform and Defense Applications

The collaboration centers on the ATEMM (All-Terrain Electric Mission Module) series vehicles, described as cutting-edge self-propelled electric platforms designed to enhance operational payload, energy efficiency, survivability, and mobility for modern armed forces. The partnership aims to introduce and adapt the ATEMM platform for Indian military applications, leveraging Plasan's expertise in survivability and automotive systems combined with Belrise's strong industrial presence in India.

Technical Collaboration and Global Supply Chain Integration

The agreement establishes a framework for joint technical development, processes, and capability building initiatives. Beyond the Indian market, the collaboration aims to enable Belrise Industries to emerge as a prime source of sub-systems and systems for Plasan's global supply chain, supporting cost-effective production for worldwide operations.

Strategic Objective:	Implementation
Technology Transfer:	Localized production under Make in India
Capability Building:	Enhanced manufacturing and technical expertise
Global Integration:	Belrise as prime supplier for Plasan's operations
Market Expansion:	Strengthening Plasan's footprint in India

Company Financial Position

According to the regulatory disclosure, Belrise Industries reported revenues of ₹800.40 crores in March 2025. The company operates 20 manufacturing facilities across India and maintains a diversified portfolio spanning safety critical systems, chassis components, and advanced engineering solutions. Plasan Sasa serves as a global leader in survivability and armor solutions, providing advanced protection systems for military vehicles and personnel worldwide.