Systematic Industries Ltd (544541) — Corporate Action | 8 September 2026

Systematic Industries announced on September 8, 2026, that its board approved the acquisition of 100% of Wire Brigade Industries Private Limited (WBIPL) for ₹21,500 per share, totaling [amount not verified] in cash and share swap consideration. The deal involves issuing 9,42,600 preferential shares at ₹228 each ([amount not verified] total) to settle non-cash consideration, while ₹86,000 is paid in cash for four remaining shares. Shareholder approval and stock exchange clearance are required before completion, with an extraordinary general meeting scheduled for October 1, 2026, to ratify the transaction.