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Aequs Limited — Capital/Financing Update 2026
Feb 23, 2026
62638_rns_2026-02-23_1eede289-f3a8-4c68-a7ba-078fdd2f4a9c.pdf
Capital/Financing Update
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February 23, 2026
To,
National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, C-1, Block G, 20th Floor, P.J. Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400 051 Mumbai - 400001. NSE Scrip Symbol: AEQUS BSE Scrip Code: 544634
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”).
Dear Sir/Ma’am,
Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), read with Schedule III of Part A, Para A (1) of the SEBI Listing Regulations, we would like to inform you that the Board of Directors at its meeting held today i.e. February 23, 2026, has approved acquisition of 1,000 (One Thousand) equity shares constituting 50% of total share capital of Aequs Foundation from Hubballi Durable Goods Cluster Private Limited by way of secondary transaction.
In view of the above and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, the detailed disclosure has been enclosed in Annexure-A for your information and record.
The above announcement is also made available on the website of the Company and can be accessed using the link i.e. https://www.aequs.com/investor/.
Kindly take the same on record.
For Aequs Limited
(Formerly known as Aequs Private Limited)
Digitally signed by RAVI RAVI MALLIKARJUN MALLIKARJUN HUGAR HUGAR Date: 2026.02.23 17:25:09 +05'30'
Ravi Mallikarjun Hugar Company Secretary and Compliance Officer Membership No.: A20823
Aequs Limited (formerly known as Aequs Private Limited)
Corporate Identity Number: L80302KA2000PLC026760
Registered Office: Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bengaluru - 560048, Karnataka, India T: + 91 080 61348000
Corporate Office: Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi – 591243, Karnataka, India T: +91 0831 4222500
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www.aequs.com
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Annexure-A
| Sr. No. |
Particulars | Details | |
|---|---|---|---|
| a. | Name of the target entity, details in brief such as size, turnover etc. |
Name:Aequs Foundation (“AF”) CIN:U74999KA2016NPL095790 Details as on March 31, 2025 (Audited): a) Turnover: INR 1.168 Cr b) Surplus: INR 0.052 Cr c) Net worth: INR 0.028 Cr |
|
| b. | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” |
Yes. It’s a related party transaction. Persons owning interest in Aequs have control/joint control/significant influence in Aequs Foundation. Transaction is done on arm's length basis, pursuant to the valuation report obtained from independent Chartered Accountant. |
|
| c. | Industry to which the entity being acquired belongs |
AF is a Section 8 Company registered under the Companies Act, 2013 with an object to undertake, conduct, organize, support and promote activities related to commerce, art, culture, sports, education, research, social welfare, health care, charity, protection of environment, women empowerment, socio- economic development and rural development including participating in the initiatives by state in relation to the aforesaid activities. |
|
| d. | Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) |
Aequs Limited being subscriber to the Memorandum of Association of Aequs Foundation, wishes to have the same stake in the Aequs Foundation which it held at the time of incorporation. The business of the target entity is restricted to CSR activities and does not fall within the main line of business of Aequs Limited.This acquisition shall bring better visibility of CSR expenditures and activities. |
|
| e. | Brief details of any governmental or regulatory approvals required for the acquisition |
Not Applicable |
Aequs Limited (formerly known as Aequs Private Limited)
Corporate Identity Number: L80302KA2000PLC026760
Registered Office: Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bengaluru - 560048, Karnataka, India T: + 91 080 61348000
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Corporate Office: Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi – 591243, Karnataka, India T: +91 0831 4222500
www.aequs.com
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| f. | Indicative time period for completion of the acquisition |
One Month from date of approval of Aequs Limited. |
|
|---|---|---|---|
| g. | Consideration - whether cash consideration or share swap or any other form and details of the same |
Cash | |
| h. | Cost of acquisition or the price at which the shares are acquired |
1,000 (One Thousand) equity shares having face value of INR 10/- (Indian Rupees Ten) each of Aequs Foundation for a total consideration of INR 10,000/- (Indian Rupees Ten Thousand only). |
|
| i. | Percentage of shareholding / control acquired and / or number of shares acquired |
The Company will acquire 1,000 (One Thousand) equity shares constituting 50% of total share capital of AF. |
|
| j. | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) |
Brief Background about the entity:AF is engaged in AF is a Section 8 Company registered under the Companies Act, 2013 with an object to undertake, conduct, organize, support and promote activities related to commerce, art, culture, sports, education, research, social welfare, health care, charity, protection of environment, women empowerment, socio-economic development and rural development including participating in the initiatives by state in relation to the aforesaid activities. Date of Incorporation:17-Aug-2016 Consolidated Total Income of last 3years: FY 2024-25 1.168 Cr FY 2023-24 1.097 Cr FY 2022-23 1.434 Cr Country in which the acquired entity has presence:India |
Aequs Limited (formerly known as Aequs Private Limited)
Corporate Identity Number: L80302KA2000PLC026760
Registered Office: Aequs Tower, No. 55, Whitefield Main Road, Mahadevapura Post, Bengaluru - 560048, Karnataka, India T: + 91 080 61348000
Corporate Office: Aequs SEZ, No. 437/A, Hattargi Village, Hukkeri Taluk, Belagavi – 591243, Karnataka, India T: +91 0831 4222500
www.aequs.com
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