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Syrma SGS Technology Ltd incorporated a new subsidiary, Syrma Kaga Electronics Private Limited, jointly with Kaga Electronics India Private Limited. Syrma holds a 60% equity stake.
Syrma SGS Technology completed the closing of its joint venture with Elemaster, acquiring a 60% stake in JVCo for ₹32.70 Crore. Elemaster acquired the remaining 40% for ₹21.99 Crore. This milestone follows the September 2025 agreement and formalizes the joint venture's shareholding structure.
Syrma SGS Technology Limited announced that its joint venture company has changed its name from Syrma Strategic Electronics Private Limited to Shinhyup Syrma Circuits Private Limited. This change, effective April 10, 2026, follows approval from the Ministry of Corporate Affairs and relates to the JV agreement with SH Electronic Co. Limited.