Key Quantitative Figures
- Investment Amount: USD 10,000
- Share Structure: 100,000 equity shares of USD 0.10 each
- Ownership: 100% shareholding by Kratikal Tech Limited
- Delaware File Number: 10793012
- Filing/Document Number: 20264596743
Dates of Action
- Incorporation Date: October 05, 2026
- Certificate Received: October 08, 2026 (via email)
- Disclosure Date: October 08, 2026
Parties Involved
- Parent Company: Kratikal Tech Limited
- Subsidiary: Kratikal AI Inc.
- Incorporation Authority: Secretary of State, Delaware, USA
- Authorized Representative: Mr. Pavan Kumar
Subsidiary Details
- Name: Kratikal AI Inc.
- Location: State of Delaware, USA
- Industry: Cybersecurity
- Business Focus: Cybersecurity solutions, information security, vulnerability assessment and management, risk management, operational technology (OT) security, and related technology services
- Status: Newly incorporated (October 05, 2026), no turnover history
Purpose and Rationale
The wholly-owned subsidiary has been incorporated as a Special Purpose Vehicle (SPV) to undertake projects and activities in the field of cybersecurity. This move is in line with the Company's business expansion and diversification strategy, expected to strengthen its capabilities in providing cybersecurity solutions and services while facilitating the development and execution of projects in the cybersecurity and information security domain.
Transaction Details
- Type: Cash consideration through subscription to share capital
- Structure: Wholly-owned subsidiary (100% ownership)
- Not a related party transaction
- No governmental or regulatory approvals required beyond the incorporation completed with Delaware Secretary of State
Financial Impact
The investment represents a cash outflow of USD 10,000 for the subscription of 100% share capital. The subsidiary is newly established with no historical financial performance.