Parmeshwar Metal Limited has filed a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated January 30, 2026. This filing serves as an update to a previous intimation dated June 11, 2026, regarding the incorporation of a new subsidiary.
The Ministry of Corporate Affairs has approved the incorporation of the subsidiary under the name "Parmeshwar Copperx Private Limited". The Certificate of Incorporation was granted by the Central Registration Centre on August 17, 2026. The subsidiary is incorporated in the state of Gujarat.
Details of the Incorporated Entity (Parmeshwar Copperx Private Limited)
- Name: Parmeshwar Copperx Private Limited
- Date of Incorporation: August 17, 2026
- Country of Incorporation: India (State of Gujarat)
- Authorized Share Capital: ₹10,00,000, divided into 100,000 equity shares of ₹10 each.
- Paid-up Share Capital: ₹10,00,000, divided into 100,000 equity shares of ₹10 each.
- Holding Company: Parmeshwar Metal Limited is the holding company.
- Industry: Metal Industry.
- Line of Business: The subsidiary will be primarily engaged in the business of manufacturing metal products, including copper extrusion, and related activities.
- Governmental/Regulatory Approvals: The disclosure states "Not Applicable" for any approvals required for the incorporation itself.
Transaction Details
- Nature of Investment: The initial equity share capital was subscribed for in cash.
- Cost of Subscription: Parmeshwar Metal Limited subscribed to 51,000 equity shares of ₹10 each, for a total investment of ₹5,10,000.
- Shareholding Percentage: This investment gives Parmeshwar Metal Limited a 51% equity stake and controlling interest in Parmeshwar Copperx Private Limited.
The document was signed by Shantilal Kailashchandra Shah, Managing Director of Parmeshwar Metal Limited.