Sobhagya Mercantile Subsidiary Vadakhol Asoli Mining Incorporated

Sobhagya Mercantile incorporated Vadakhol Asoli Mining Private Limited as a subsidiary on April 25, 2026, with ₹10 lakh capital.
The subsidiary will pursue composite mining operations, focusing on critical minerals under a revenue-sharing contract with Assam Mineral Development Corporation.
Sobhagya Mercantile holds a 60% stake (60,000 shares) in the subsidiary through a cash consideration of ₹6 lakh.
This regulatory filing under SEBI LODR Regulation 30 follows a board approval from November 2025.