Date: September 29, 2026
Board Meeting Outcomes
The Board of Directors of LEAP India Limited approved the incorporation of two new wholly owned subsidiaries of the Company. The meeting was held on September 29, 2026, commencing at 04:00 p.m. and concluding at 04:20 p.m.
Subsidiary Company Details
Vimprotech Private Limited
- Name and Incorporation: Vimprotech Private Limited, proposed to be incorporated in India
- Relationship with Listed Entity: Wholly owned subsidiary of LEAP India Limited
- Industry: Plastics Processing / Packaging Industry
- Business Description: Manufacturing of vacuum-formed, thermoformed and injection-moulded products and packaging solutions, catering to various industries including automobiles, electrical and electronics, consumer durables, agriculture, food packaging, logistics and industrial manufacturing sectors
- Government Approvals: Not Applicable for incorporation
- Consideration Type: Cash
- Subscription Cost: ₹4,03,00,000 for 40,30,000 equity shares of ₹10/- each
- Shareholding: 100% held by LEAP India Limited
Total International Packaging Solutions Private Limited
- Name and Incorporation: "Total International Packaging Solutions Private Limited" or "Total Integral Packaging Solutions Private Limited" (or other name approved by Registrar of Companies), proposed to be incorporated in India
- Relationship with Listed Entity: Wholly owned subsidiary of LEAP India Limited
- Industry: Logistics/supply-chain support services
- Business Description: Business of pooling returnable packing materials, catering to auto and other industries manufacturers
- Government Approvals: Not Applicable for incorporation
- Consideration Type: Cash
- Subscription Cost: ₹1,65,00,000 for 16,50,000 equity shares of ₹10/- each
- Shareholding: 100% held by LEAP India Limited