Subsidiary Incorporation Details
Chemcrux Enterprises Limited incorporated Chemcrux Foundation as a wholly-owned subsidiary under Section 8 of the Companies Act, 2013. The certificate of incorporation was issued by the Central Registration Centre, Registrar of Companies on July 17, 2026 at 02:54 p.m.
Financial Structure
- Authorized and Paid-up Share Capital: ₹1,00,000
- Number of shares acquired: 10,000 equity shares
- Price per share: ₹10 (face value)
- Total consideration: ₹1,00,000 (Rupees One lakh only)
- Consideration type: Cash
Operational Status
The subsidiary has not yet commenced business operations. No turnover or size metrics are applicable at this stage.
Related Party Aspects
The acquisition constitutes a related party transaction as Chemcrux Foundation is a wholly-owned subsidiary. There are common directors and promoters between the company and the subsidiary.
Business Purpose and Impact
The subsidiary was established to fulfill the company's Corporate Social Responsibility (CSR) obligations. It is a non-profit entity with objects including promotion of commerce, art, science, sports, education, research, social welfare, healthcare, charity, and environmental protection as enumerated in Schedule VII of the Companies Act, 2013.
Regulatory Approvals
No governmental or regulatory approvals were required for this acquisition.
Geographic and Jurisdictional Details
- Country of Incorporation: India
- Jurisdiction: ROC Ahmedabad (Gujarat)
Timeline Considerations
No indicative time period for completion of acquisition was specified as the subsidiary has already been incorporated.
Compliance Information
Disclosure made in accordance with SEBI Listing Regulations and SEBI Master Circular dated 30th January 2026. The filing was digitally signed by Dipika Kumar Rajpal, Company Secretary & Compliance Officer, on July 17, 2026 at 15:22:28 from Vadodara.