Deccan Transcon Leasing Limited — Important, 25-02-2026: Disclosure of material issue

Deccan Transcon Leasing's board met on Feb 25 to address a crucial related party transaction (RPT) update. Due to a recent legal ruling clarifying materiality assessment, the company must now aggregate all transactions with its subsidiary, Deccan Shipping & Logistics SDN. BHD, for materiality.

**Issue:** This change means previously approved operational and strategic equity investments with the subsidiary now exceed the materiality threshold. The total proposed transactions for FY25-26 with the subsidiary aggregate to ~₹28.82 Cr, which includes a strategic equity investment of ~₹7.72 Cr.

**Impact:** These significant transactions now require shareholder approval to proceed, which was not initially deemed necessary under the old interpretation.

**Company Response:** The Audit Committee reviewed and supported the revised aggregate RPTs, and the Board subsequently approved them, *subject to shareholder approval*. The company has called an Extraordinary General Meeting (EGM) on March 24, 2026, to seek shareholder consent for these transactions. This is a key step to ensure compliance and continue its ongoing operational and strategic ties with the subsidiary.

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