Key Event Details
Capillary Technologies India Limited has completed the voluntary deregistration of Capillary Technologies (Shanghai) Co., Ltd., China ("Capillary Shanghai"), a non-operative step-down wholly-owned subsidiary. The deregistration has been completed by the relevant regulatory authority in China.
Historical Context
The proposed closure of Capillary Shanghai was previously disclosed in the Red Herring Prospectus dated November 18, 2025 ("RHP").
Financial Impact Assessment
Capillary Shanghai was not carrying on any business operations. The subsidiary is not material to the Company, and its cessation does not have any impact on the business operations, revenue, or financial position of the Company or its group.
Financial Metrics (As per Annexure A)
- For the financial year ended March 31, 2026:
- Revenue: Nil
- Net worth: ₹0.50 million
Transaction Details
- No sale agreement entered into (NA)
- No expected completion date of sale/disposal (NA)
- No consideration received from sale/disposal (NA)
- No buyer details available (NA)
- Transaction does not fall within related party transactions
- Sale not outside Scheme of Arrangement (NA)
- Not a slump sale (NA)
Corporate Structure Impact
Consequent to the deregistration, Capillary Shanghai has ceased to be a step-down subsidiary of the Company.
Additional Information
- The intimation has been uploaded on the Company's website at: https://www.capillarytech.com/investors/shareholder-information/corporate-announcements/2026-27/
- Signed by Gireddy Bhargavi Reddy, Company Secretary and Compliance Officer (Membership No. A17091)
- Company Registered Office: 360, bearing PID No: 101, 360, 15th Cross Rd, Sector 4, HSR Layout, Bengaluru, Karnataka 560102
- Company CIN: L72200KA2012PLC063060