HRS Aluglaze Limited has announced the successful incorporation of its new subsidiary, Geotrix Private Limited, marking a strategic expansion in the aluminium and architectural products sector. The subsidiary was incorporated in India on February 10, 2026, following an earlier intimation made to the stock exchange on January 31, 2026.

Subsidiary Details and Capital Structure

Geotrix Private Limited has been established with specific operational and financial parameters designed to support its business objectives in the aluminium products sector.

Business Operations and Product Portfolio

The newly incorporated subsidiary will engage in comprehensive business activities across the aluminium products value chain. Geotrix Private Limited's operations will encompass manufacturing, fabricating, assembling, supplying, trading, procuring and installing a wide range of aluminium and architectural products and systems.

The company's product portfolio will include:

• Aluminium windows and doors
• Curtain walls and façades
• Cladding systems
• Glazing systems and structural glazing
• Composite panels
• Various other architectural products and systems

Regulatory Compliance and Documentation

HRS Aluglaze Limited has fulfilled its regulatory obligations by informing BSE Limited about the subsidiary incorporation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal communication was signed by Managing Director Rupesh Pravinbhai Shah (DIN: 02806068) and submitted to the stock exchange on February 11, 2026.

This incorporation represents HRS Aluglaze Limited's continued commitment to expanding its business operations in the aluminium and architectural products sector through strategic subsidiary development.

HRS Aluglaze Limited has announced the execution of a significant business asset transfer agreement with Geotrix Building Envelope Private Limited, marking a strategic move in the façade and engineering services sector. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Transaction Overview

The agreement involves the transfer of a specialized business unit that provides comprehensive turnkey solutions in façade services, design engineering, and architectural precast. The transaction is structured as a slump sale, ensuring the transfer of the business as a going concern with all associated assets.

Business Unit Details

The transferred business unit specializes in providing turnkey solutions across multiple segments of the construction and building envelope industry. The transaction encompasses both tangible and intangible assets, ensuring a complete transfer of operational capabilities and intellectual property associated with the business.

The agreement covers the acquisition of existing assets for business expansion purposes, positioning the acquiring entity to leverage established capabilities in the façade and engineering services market.

Regulatory Compliance and Transaction Structure

HRS Aluglaze Limited has confirmed that this transaction does not constitute a related party transaction, as Geotrix Building Envelope Private Limited has no relationship with the company's promoter, promoter group, or group companies. The company holds no shareholding in the acquiring entity.

Management Authorization

The company has authorized Mr. Rupesh P. Shah, Managing Director (DIN: 02806068), to execute all necessary deeds, documents, agreements, and papers on behalf of HRS Aluglaze Limited for this transaction. This authorization ensures streamlined execution of the asset transfer process.

The transaction represents a strategic divestment for HRS Aluglaze Limited while providing Geotrix Building Envelope Private Limited with established capabilities in the specialized façade and engineering services sector.