Nahar Industrial Enterprises Ltd.
Subsidiary Details
Nahar Industrial Enterprises Limited has incorporated RANCHI LOGIPARK PRIVATE LIMITED as a wholly owned subsidiary. The subsidiary was incorporated on October 14, 2026.
Capital Structure
- Authorized Share Capital: ₹1,00,000
- Paid-up Share Capital: ₹1,00,000
- Nahar Industrial Enterprises subscribed to 10,000 equity shares of ₹10 each at par, aggregating to ₹1,00,000
- Ownership: 100% shareholding acquired
Business Operations
The subsidiary will carry on the business of warehousing and storage. The company has not yet commenced operations, and current turnover is nil.
Transaction Details
- Nature of consideration: Cash (yet to be paid)
- Acquisition cost: ₹1,00,000 for 10,000 equity shares at par value
- Percentage of shareholding acquired: 100%
Regulatory Aspects
The acquisition falls within related party transactions as Ranchi Logipark Private Limited is a wholly owned subsidiary of Nahar Industrial Enterprises Limited. The promoter/promoter group does not have any interest in the transaction beyond this relationship.
Additional Information
- No governmental or regulatory approvals required for the acquisition
- No indicative time period for completion of acquisition provided
- No significant historical information available as the subsidiary is newly incorporated
Compliance References
Filed under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-Pod1/P/CIR/2023/123 dated July 13, 2023.