Belrise Industries Limited has informed the Exchange about Incorporation of Wholly owned subsidiary in India.
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Belrise Industries has incorporated a new wholly owned subsidiary named 'Belrise Defence & Aerospace Private Limited' on August 28, 2025, with CIN U32900MH2025PTC455551. The subsidiary will focus on engineering and technologies (mechanical, optical, electrical, electronic, software) for the defence, space, aerospace, and allied industries. Belrise will hold 100% shareholding through cash consideration, and the new entity's business is aligned with Belrise's main line of operations. The Board had approved this incorporation on August 11, 2025, and the Certificate of Incorporation has been issued by the Registrar of Companies.
This move signals Belrise's strategic push into the high-growth defence and aerospace sector, potentially opening new revenue streams and government/defence order opportunities for shareholders. Since it is a wholly owned subsidiary, its financials will be fully consolidated into Belrise's accounts.