S.J.S. Enterprises Limited has incorporated a new wholly owned subsidiary company, SJS Display Electronics Private Limited (SDEPL), on August 31, 2026. The Company received the Certificate of Incorporation issued by the Ministry of Corporate Affairs on the same date.
Subsidiary Details
- Name: SJS Display Electronics Private Limited
- Date of Incorporation: August 31, 2026
- Authorised Share Capital: ₹5,00,000
- Paid-up Share Capital: ₹5,00,000
- Industry: Automotive Ancillary and Consumer Durables
Transaction Details
- Nature of Acquisition: 100% subscription to the share capital of the newly incorporated subsidiary
- Consideration Form: Cash
- Cost of Acquisition: ₹5,00,000 (subscription amount towards paid-up share capital)
- Percentage of Shareholding Acquired: 100%
- Related Party Status: SDEPL is a Related Party of the Company and other subsidiaries by virtue of being a wholly owned subsidiary. The Promoter/Promoter Group/Group Companies have no other interest in SDEPL beyond the Company's shareholding.
Business Objectives
The object of incorporating SDEPL is to carry on the business of manufacturing, assembling, testing, and sale of displays for automotive, consumer, and other applications.
Operational Status & Financials
SDEPL was incorporated on August 31, 2026, and is yet to commence commercial operations. Consequently, there is no historical turnover for the preceding three financial years. The disclosure notes that the size and turnover are "Not Applicable" at this stage.