Astonea Labs incorporates new subsidiary Longevity Science Pvt Ltd
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Astonea Labs has incorporated a new subsidiary, Longevity Science Private Limited, on October 8, 2026. The company will subscribe to 51 percent of the initial paid-up equity share capital, amounting to 51,000 shares at Rs 10 each, totaling about Rs 5.10 lakh. The new entity will operate in pharmaceuticals, healthcare, nutraceuticals and allied products. Promoters have no direct interest in the new entity. The subscription will be on an arms length basis for cash, with no specific regulatory approvals needed.
Modest cash outlay of about Rs 5.10 lakh to set up a subsidiary; expands presence in pharma, healthcare and nutraceuticals. Limited immediate financial impact.