Maithan Alloys Limited

Subsidiary Incorporation Details

Maithan Alloys Limited incorporated "M&M Water Solutions Private Limited" as a subsidiary company on October 17, 2026 at 1:23 PM. The Ministry of Corporate Affairs, Government of India, issued the Certificate of Incorporation on the same date.

Subsidiary Business Operations

The subsidiary's main objects involve Engineering, Procurement and Construction (EPC) for:

  • Water Treatment Plants
  • Sewage Treatment Plants (STP)
  • Waste Water Recycling Projects

Capital Structure and Investment

  • Authorized Capital: ₹5 crore (50 lakh equity shares of ₹10 each)
  • Maithan Alloys and its nominees subscribed to 40,00,000 equity shares of ₹10 each
  • Total investment: ₹4 crore
  • Shareholding: 80% acquired by Maithan Alloys and its nominees
  • Consideration type: Cash consideration

Financial Status

As of October 17, 2026:

  • Turnover: Nil
  • PAT: Nil
  • Networth: ₹5 crore

Transaction Details

  • Not a Related Party Transaction
  • Promoter/promoter group/group companies have no interest in the acquired entity
  • Transaction conducted at arm's length
  • No governmental or regulatory approvals required for the acquisition
  • The acquisition is already complete (subsidiary incorporated)

Company Background

M&M Water Solutions Private Limited is a newly incorporated company that has not yet commenced business operations. The company has no historical financial data as it was just incorporated.

Geographic Presence

The subsidiary operates in India.