SJS Enterprises announces signing of Technology License cum Supply Agreement with BOE Varitronix Ltd

SJS Enterprises Limited ("the Company") (BSE: 543387; NSE: SJS), one of India's leading decorative aesthetics companies, announced the execution of a Technology License cum Supply Agreement (TLA) with BOE Varitronix Limited (BOEVX), Hong Kong, for the optical bonding and assembly of automotive display systems in India. This milestone is in line with the Company's strategic expansion plans announced on September 16, 2025.

Key Highlights of the Agreement:

- With this Technology License cum Exclusive Supply Agreement SJS will assemble and optically bond automotive displays for 4 wheelers and supply to customers in India.

- BOEVX will supply essential components and support the localization of optical bonding, cover glass and backlight units.

- The agreement strengthens SJS's long-term strategy to expand its automotive capabilities and address the growing demand for advanced display systems in India.

- BOEVX will transfer licensed technology, know-how, and technical expertise, including training and support for manufacturing, assembly, testing, quality control, and supply of automotive display systems for four-wheelers.

Strategic Impact

This collaboration enhances product capabilities and accelerates localization of key display components. It positions SJS as a comprehensive decorative aesthetics solutions provider in the automotive sector while opening a new growth vertical in digital automotive displays. Looking ahead, the Company remains committed to strengthening its leadership in the automotive industry through innovation and strategic partnerships, driving sustainable growth for all stakeholders.

Mr. Sanjay Thapar, Group CEO & Executive Director, SJS Enterprises Limited, said: "We are pleased to announce our strategic partnership with BOE Varitronix, marking an important step in our journey to diversify and expand into the automotive display segment. Collaborating with a global leader in display technology will enable us to deliver cutting-edge products tailored to the growing demand in India's automotive sector. With this partnership, we are positioning SJS to capture new growth opportunities with optical bonding of automotive display systems and strengthens our product portfolio."

Mr. James Park, CSO, BOE Varitronix Limited, said: "We are delighted to partner with SJS Enterprises in this strategic collaboration, which reflects our commitment to advancing automotive display technologies in India. By combining BOEVX's global expertise with SJS's strong manufacturing capabilities, we aim to deliver to customers in India localized solutions for automotive displays. This partnership underscores our commitment to supporting India's automotive industry and creating long-term value for customers and stakeholders."

Shares of S J S Enterprises Limited was last trading in BSE at Rs. 1779.95 as compared to the previous close of Rs. 1722.35. The total number of shares traded during the day was 9287 in over 835 trades.

The stock hit an intraday high of Rs. 1783.45 and intraday low of 1722.40. The net turnover during the day was Rs. 16366123.00.

Source : Equity Bulls

Keywords

SJSEnterprises AutoComponents Equipments INE284S01014 TechnologyLicense Supply Agreement BOEVaritronix