Announcement under Regulation 30(LODR) : Incorporation of New Wholly owned Subsidiary Company ( Bhageria Rare Earth Minerals Private Limited)
BHAGERIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bhageria Industries Ltd has incorporated a new Wholly Owned Subsidiary named 'Bhageria Rare Earth Minerals Private Limited' on May 14, 2026. The parent company will subscribe to 100% of the subsidiary's share capital, investing up to Rs. 1,00,000 in cash. The new subsidiary is newly formed with no operations or turnover yet. Its stated purpose is to hold investments in different entities and expand the company's existing business. The transaction qualifies as a related party transaction but will be conducted at arm's length.
This incorporation represents a strategic move by Bhageria Industries to diversify into rare earth minerals and investment holding, which could create long-term value. For shareholders, this is a structural expansion rather than an immediate financial impact — the new subsidiary is currently a shell company with no revenue.