Key Quantitative Figures
- Subscription Capital: ₹1,50,00,000 (1.5 crore)
- Share Structure: 15,00,000 equity shares of ₹10 each
- Ownership: 100% held by Linjemontage I Grästorp AB (LMG AB)
Dates of Action
- Subsidiary Incorporation Date: 14th August, 2026
- Certificate of Incorporation Receipt: 1st September, 2026 at approximately 01:02 PM IST
- Disclosure Submission Date: 1st September, 2026
Parties Involved
- Listed Entity: Kalpataru Projects International Limited
- First Level Step-Down Subsidiary: Linjemontage I Grästorp AB (LMG AB)
- New Subsidiary: LM Operation Center India Private Limited
Purpose and Rationale
The subsidiary was incorporated for establishing an operation center in India to enhance LMG AB's project and engineering execution capabilities.
Transaction Details
- Consideration Form: Cash subscription via banking channel
- Acquisition Type: Subscription to 100% equity capital
- Related Party Status: Considered related party transaction as LMG AB (first level step-down subsidiary) subscribed to 100% equity
- Promoter Interest: No interest from promoter/promoter group/any other group company in the target entity
Subsidiary Background
- Date of Incorporation: 14th August, 2026
- Business Status: Yet to commence business operations (no historical turnover)
- Country of Incorporation: India
- Industry: Operation center for project and engineering execution
Financial and Operational Impact
- Current Financial Impact: Subscription amount of ₹1.5 crore invested
- Operational Impact: Subsidiary established to enhance project execution capabilities
- Size/Turnover: Not applicable as business operations have not commenced
Governmental Approvals
- No governmental or regulatory approvals required for the acquisition
Capital Structure Impact
- Results in 100% ownership of LM Operation Center India Private Limited by LMG AB
- No dilution or change in Kalpataru Projects International Limited's direct shareholding