Summary of Key Information:

Target Company: Two proposed wholly-owned subsidiary companies (names not specified in disclosure)

Stock Exchange Listings:

NSE Scrip Code: DOLLEX

BSE Scrip Code: 544908

Nature of Transaction / Event: Incorporation of wholly-owned subsidiaries

Date of Transaction: 19/10/2026 (Board approval date)

Mode of Transaction / Action: Cash subscription to share capital

Consideration: ₹99,990 per subsidiary (aggregate investment)

Shareholding Structure:

  • Dollex Agrotech Limited proposes to subscribe directly to 9,999 equity shares per subsidiary (99.999% of total issued equity)
  • One equity share per subsidiary (0.001%) to be held by an individual nominee on behalf of Dollex Agrotech Limited
  • Intended beneficial ownership: 100% by Dollex Agrotech Limited

Capital Structure per Subsidiary:

  • Initial subscribed and paid-up share capital: ₹1,00,000
  • Total shares: 10,000 equity shares of ₹10 each
  • Investment amount: ₹99,990 for 9,999 shares at ₹10 per share

Industry Focus: Renewable energy and allied sectors, including biogas, Compressed Biogas (CBG), bioenergy, biomethane, renewable gaseous fuels, organic fertilizers and bio-fertilizers.

Regulatory Context:

  • Disclosure made under Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • Subsidiaries will become related parties under applicable regulations

Other Noteworthy Information:

  • Governmental/regulatory approvals: Not applicable except approval of competent authority, if required
  • Nature of consideration: Cash subscription only (no share swap)
  • The entities are yet to be incorporated (pre-incorporation disclosure)

Analyst Notes:

Factual disclosure of corporate expansion into renewable energy sector through subsidiary formation. Transaction represents strategic diversification beyond core agro-tech business. Disclosure compliance with SEBI LODR requirements fulfilled through detailed annexure providing capital structure and ownership details.