Sterling Tools has announced a strategic partnership with China's Minieye to deliver advanced driver assistance systems (ADAS) and driver monitoring solutions specifically designed for the Indian automotive market. The collaboration is strategically aligned with India's mandatory ADAS and Driver Drowsiness and Attention Warning Systems (DDAWS) regulations effective January 1, 2027.

Strategic Partnership Details

The collaboration between Sterling Tools and Minieye represents a significant step in bringing advanced automotive safety technologies to Indian consumers. Sterling Tools will support application engineering and on-ground adaptation of Minieye's ADAS and Driver Monitoring Systems for the Indian market, focusing on engineering and perception adaptation for Indian driving environments, road conditions, and use cases.

Technology Solutions and Market Positioning

The partnership will focus on delivering comprehensive safety solutions designed to enhance vehicle safety in Indian conditions. The collaboration covers the adaptation of systems including Autonomous Emergency Braking (AEB), Forward Collision Warning (FCW), Lane Departure Warning Systems (LDWS), Driver Drowsiness and Attention Warning Systems (DDAWS), and Blind Spot Monitoring.

Anish Agarwal, Director, Sterling Tools Limited, said, "Road safety and regulatory compliance are becoming increasingly important across both commercial and passenger vehicle segments in India. This collaboration allows us to work with a global technology partner to address the growing need for driver assistance and monitoring systems that are engineered for Indian operating conditions."

Dr. Liu Guoqing, Founder and Chairman of MINIEYE, said, "Partnering with Sterling Tools marks a vital step in bringing intelligent driving to India, leveraging Sterling Tools local expertise to translate technology into production-ready applications that enhance vehicle safety."

Company Background and Market Context

Sterling Tools continues to strengthen its position as a technology-led automotive partner through sustained investments in advanced engineering and manufacturing capabilities. The company is expanding its portfolio across next-generation automotive technologies, including EV power electronics, high-voltage DC contactors and relays, and rare-earth-magnet-free motor solutions.

Minieye brings global experience in intelligent driving and in-cabin technologies, with solutions compliant with EU General Safety Regulation (GSR) requirements and supported by Automotive SPICE V4.0 CL3 certification. Its systems are deployed across multiple international markets, including Europe, the UK, Australia, Southeast Asia, the Middle East, and South America.

Sterling Tools Limited has officially confirmed the resignation of Chief Financial Officer Pankaj Gupta, who ceased to hold his position as Key Managerial Personnel effective December 31, 2025. The company filed the final regulatory disclosure with both NSE and BSE, marking the completion of his departure process.

Official Confirmation and Regulatory Filing

The company submitted its final intimation to the National Stock Exchange of India Limited and BSE Limited on December 31, 2025, confirming that Gupta has ceased to be the Chief Financial Officer with effect from the closure of business hours on December 31, 2025. This follows the initial disclosure made on December 15, 2025, when the resignation was first announced.

Resignation Letter Details

In his resignation letter dated December 15, 2025, addressed to Managing Director Atul Aggarwal, Gupta formally submitted his resignation from the position of Group Chief Financial Officer. He cited his decision to pursue other professional opportunities aligned with his long-term career goals, confirming that there are no other material reasons for his resignation.

Tenure and Transition

Gupta expressed gratitude for the trust and support extended to him during his approximately 5-year tenure with the organization. He assured the management of ensuring a smooth transition process and confirmed his availability to assist as required during the handover period. The last working day was mutually decided as December 31, 2025.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 and Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary and Compliance Officer Komal Malik digitally signed the regulatory filings, confirming the authenticity of the information provided to both stock exchanges.