CARYSIL LIMITED — JV/Acquisition, 20-03-2026: Acquisition

Carysil Ltd's UK subsidiary, Carysil Products, is set to acquire 100% of Setu Capital Limited for an estimated enterprise value of GBP 2.27 million (approx. 23.8 Cr). This acquisition will bring a prime office property on Monk Street, located in the heart of London, directly under Carysil's ownership. The strategic intent is to bolster Carysil's real estate portfolio and operational presence in the UK, potentially for future leasing opportunities. Importantly, the funding for this acquisition will not require any remittance of funds from India. This move secures a valuable asset in a key international market.