SC Agrotech Subsidiary SC Orequest Mining Incorporated
Subsidiary / Associate Update
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
5th Nov 2026
SC AGROTECH LIMITED
Key Details of Subsidiary
- Name: SC Orequest Mining Private Limited
- Date of Incorporation: November 03, 2026
- Authorized Capital: ₹1,00,000 (Rupees One Lakh Only) divided into 10,000 equity shares of ₹10 each
- Industry: Mine Sector
- Country of Operation: India
- Turnover: Not applicable (newly incorporated company)
Ownership and Transaction Details
- SC Agrotech Limited holds 100% initial shareholding in the subsidiary
- Acquisition method: 100% initial subscription to share capital through Cash/Banking Channel
- This constitutes a related party transaction as SC Agrotech is the promoter of the subsidiary
- The transaction is not at arm's length due to the promoter-subsidiary relationship
Regulatory Approvals
- Ministry of Corporate Affairs approved the incorporation and issued Certificate of Incorporation
- No additional governmental or regulatory approvals required for the acquisition
Business Rationale
- The subsidiary operates in the mine sector, which represents a diversification from SC Agrotech's main line of business
- Objects of acquisition: Mines
Additional Information
- The company provided this intimation to Bombay Stock Exchange Limited
- The disclosure includes Annexure A with complete details as required under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015
- Signed by Pratik Kumar Bharatbhai Patel, Managing Director (DIN: 11211517) on November 05, 2026