Pro CLB Global to acquire up to 36% stake in Sevenglow Lights

Pro CLB Global Limited has entered into a Strategic Association Agreement with Sevenglow Lights Limited on April 15, 2026. This agreement formalizes Pro CLB Global's strategic investment and equity participation in Sevenglow Lights. Initially, Pro CLB Global will acquire up to a 36% equity stake, with a provision to increase this to 100% in a phased manner, contingent on performance milestones, mutual agreement, and regulatory approvals. The agreement details investment structure, funding, board representation (initially 1/3rd, majority if stake exceeds 36%), governance rights, and reserved matters. This strategic association is expected to drive Sevenglow's growth, business expansion, and long-term value creation.