Nature of Update
Incorporation of a new wholly owned step-down subsidiary in Qatar Free Zones.
Key Operational or Strategic Points
- Fractal Private Limited, a wholly owned subsidiary of Fractal Analytics Limited, has incorporated FRACTAL AI QFZ LLC as a Limited Liability Company in Qatar Free Zones
- Date of Incorporation: September 28, 2026 (as intimated by Qatar Free Zones Authority on October 7, 2026, at 1:47 a.m. IST)
- Country of Incorporation: Qatar (Qatar Free Zones)
- Ownership Structure: FRACTAL AI QFZ LLC is a wholly owned subsidiary of Fractal Private Limited, which is a wholly owned subsidiary of Fractal Analytics Limited, making it a wholly owned step-down subsidiary
- Industry Classification: Software Developer, Information Technology Consultancy, Information Technology Network Services, Information Technology Support Service Provider
- Business Objective: Providing software development, information technology consultancy, network services, information technology support services and artificial intelligence-related services
- No governmental or regulatory approvals required for the incorporation
- Consideration Type: Cash
- Share Capital: QAR 100,000 (10,000 Equity Shares of QAR 10 each)
- Shareholding: 100% held by Fractal Private Limited, with Fractal Analytics Limited indirectly holding 100% shareholding
Material Financial Impact
- Initial investment: QAR 100,000 (approximately ₹22.5 lakhs based on current exchange rates)
- Funding source: Cash consideration
- The investment represents a minimal capital outlay for international expansion
Compliance Details
- Disclosure made under Regulation 30 read with Schedule III of SEBI Listing Regulations
- Compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Disclosure hosted on company website: https://fractal.ai/investor-relations