Sizemasters Technology Plans Aurum Exit by January 2027

SIZEMASTERS TECHNOLOGY LIMITED plans to withdraw its entire 55% capital contribution in Aurum Turnkey Services LLP by January 31, 2027, for disclosed consideration of Rs 58,667. Sizemasters Technology approved the exit on November 13, 2026, while Aurum Turnkey Services LLP contributed Rs 6.45 crore in the last financial year under the filing's stated turnover measure.

What did Sizemasters Technology approve for Aurum Turnkey Services LLP?

Sizemasters Technology approved the disinvestment or withdrawal of its entire capital contribution in Aurum Turnkey Services LLP on November 13, 2026. The contribution represents 55% of the total contribution in Aurum Turnkey Services LLP, according to the board-approved disclosure issued under Regulation 30 of the Securities and Exchange Board of India listing regulations.

The action covers all of Sizemasters Technology's disclosed 55% contribution rather than a specified smaller portion. The company described the transaction as a disinvestment and withdrawal, and set January 31, 2027 as the expected completion date, following the agreement entered into on November 13, 2026.

The November 13, 2026 filing was addressed to BSE Limited and The Calcutta Stock Exchange Limited, where Sizemasters Technology is identified with stock code 513496. Its annexure supplies the transaction date, proposed completion date, consideration and governance responses, but does not describe the commercial operations of Aurum Turnkey Services LLP beyond its last-financial-year turnover contribution.

What are the financial terms and timetable of the Aurum exit?

Sizemasters Technology disclosed Rs 58,667 as consideration for withdrawing its 55% capital contribution in Aurum Turnkey Services LLP. The agreement date is November 13, 2026 and the expected disposal date is January 31, 2027, creating a disclosed period of about two and a half months between agreement and expected completion.

The Rs 58,667 consideration and Rs 6.45 crore turnover contribution are different disclosed measures and should not be treated as equivalent values. The first is the consideration listed for the 55% withdrawal, while the second is Aurum Turnkey Services LLP's stated contribution to turnover during the last financial year.

The annexure does not identify a buyer by name, explain how the Rs 58,667 amount was determined, or state the timing of payment. It also does not disclose conditions, approvals or other steps required before the January 31, 2027 expected completion date.

How much turnover did Aurum Turnkey Services LLP contribute?

Aurum Turnkey Services LLP contributed Rs 6.45 crore to the listed entity's turnover in the last financial year, according to Sizemasters Technology's November 13, 2026 annexure. The filing states that this amount was 17.67% of the total turnover of the LLP, using the wording set out in the disclosure.

The 17.67% stated turnover share and Sizemasters Technology's 55% capital contribution refer to different bases. The filing therefore shows that the company is withdrawing a 55% contribution while reporting Rs 6.45 crore and a 17.67% figure for Aurum Turnkey Services LLP's latest disclosed turnover measure; it does not state that either percentage is derived from the other.

Sizemasters Technology did not provide a prior-year turnover figure, quarterly revenue, profit or loss, net worth, asset value or cash-flow figure for Aurum Turnkey Services LLP in the November 13, 2026 announcement. That means the filing supports a comparison of the 55% contribution with the stated 17.67% turnover share, but not a year-on-year performance comparison.

Is the Aurum exit a related-party or scheme transaction?

Sizemasters Technology said the disposal is not a related-party transaction in its November 13, 2026 Regulation 30 annexure. In the field asking whether buyers belong to the promoter, promoter group or group companies, the company answered “No”, without identifying a buyer.

The company marked as not applicable the disclosure on whether a sale, lease or disposal of an undertaking occurs outside a scheme of arrangement, including Regulation 37A compliance. It also marked as not applicable the additional disclosures for a slump sale, so the annexure does not present the Rs 58,667 transaction as a slump sale.

The covering letter cites Regulation 30 read with Schedule III of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. It also refers to an SEBI master circular dated July 11, 2023, while the annexure identifies an SEBI circular dated July 13, 2023 for the disclosure format.

What remains undisclosed before January 2027?

The principal disclosed outstanding event is completion by January 31, 2027 of the withdrawal agreed on November 13, 2026. Sizemasters Technology has not stated whether the Rs 58,667 has been paid or received, nor has it disclosed conditions precedent, regulatory clearances or an interim timetable.

The announcement also does not set out a post-exit business plan, a replacement source of turnover or a forecast for the impact of removing Aurum Turnkey Services LLP's Rs 6.45 crore last-financial-year contribution. These omissions leave the filing focused on the 55% capital withdrawal and its expected completion date rather than on operational projections.

Conclusion

Sizemasters Technology has approved an exit from its entire 55% capital contribution in Aurum Turnkey Services LLP for Rs 58,667, with expected completion on January 31, 2027. The filing's only quantified operating context is Aurum Turnkey Services LLP's Rs 6.45 crore contribution and stated 17.67% share in the last financial year.

The next item to watch is whether Sizemasters Technology confirms completion by the January 31, 2027 target. A subsequent disclosure could clarify payment of the Rs 58,667 consideration, the buyer's identity, any completion conditions and the effect of the exit on the turnover measure reported on November 13, 2026.