Key Dates
- Board approval date: May 25, 2026 (as referenced in earlier disclosure)
- Subsidiary incorporation date: June 04, 2026
- Disclosure date: June 25, 2026
Subsidiary Details
- Name: Divgi Transmission Technologies And Systems Inc.
- Location: State of Delaware, United States of America
- Industry: Automotive Industry
- Business scope: Advance Business Development, Sales, marketing, promotion and distribution
Corporate Structure
- Holding company: Divgi TorqTransfer Systems Limited (directly or indirectly)
- Shareholding: 100% subscription to the share capital
- Relationship: Wholly-owned subsidiary, considered a related party transaction
- Promoters/Promoter Group/Group Companies have no interest in the transaction beyond this relationship
Financial Details
The disclosure does not specify the monetary value of the investment or cost of subscription, referring only to "as per point no. 9 below" which states 100% subscription to the share capital without quantitative figures.
Document References
- Ref.: DTTS/Sec/26-27/22
- BSE Scrip Code: 543812
- NSE Scrip Code: DIVGIITTS