Announcement under Regulation 30 (LODR)
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Artificial Electronics Intelligent Material Ltd (formerly Datasoft Application Software India Ltd) has incorporated a new subsidiary called 'AIMOTO WORKS PRIVATE LIMITED' on 27th October 2025, with MCA approval. The new subsidiary has an authorised capital of Rs. 15 lakh and paid-up capital of Rs. 10 lakh, with AEIM holding 53% stake through a 100% cash subscription at face value. The subsidiary will operate in Electronic Design Automation (EDA), focusing on PCB design, prototyping, manufacturing, and high-speed/RF circuit development. The company's promoters Mr. Eswara Rao Nandam and Mr. Vishaal Nandam are also promoters of the new entity, making it a related-party transaction, though priced at arm's length.
This is a small-scale subsidiary incorporation (Rs. 10 lakh paid-up capital) aligned with the company's electronics-focused name, suggesting a strategic push into EDA and PCB manufacturing. Minimal immediate financial impact on shareholders, but it expands the group's business into hardware electronics design and prototyping.