Announced Wed, 17 Jun · 18:42 IST
E2E Networks incorporates wholly owned subsidiary Sovcloud Technologies
Strategic Transactions View source PDF
E2E · price
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Price reaction · full curve 14 horizons · vs prior close
+10.0%1-day move
₹387.30
prior close
₹390.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.0+4.0+4.0+4.0+10.0+15.4+11.0+8.1+7.4+2.0+2.8+9.8——
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AI summary
E2E Networks has incorporated Sovcloud Technologies Limited as a 100 percent wholly owned subsidiary in India on June 17, 2026. The new entity will offer datacentre services, managed and hosted solutions, and IP licensing for datacentre and networking infrastructure. E2E has subscribed to 10,000 equity shares at Rs 10 each, investing Rs 1 lakh. The transaction is classified as a related party deal since promoters have interest, but is done at arm's length price.
Likely market impact
Expansion into datacentre services aligned with core business. Small initial capital deployment, subsidiary yet to generate revenue.