Disclosure under Regulation 30 of SEBI Listing Regulations - Board has considered and approved incorporation of a Subsidiary Company in the name and style of "Game Changers Attriex Private Limited"
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The board of Game Changers Texfab Ltd approved the incorporation of a new wholly-controlled subsidiary called Game Changers Attirex Private Limited on February 23, 2026. The new subsidiary will focus on manufacturing, sourcing, distribution and supply of school uniforms, corporate uniforms and related materials, helping the company diversify its textile and apparel presence into the institutional uniform segment. The subsidiary will start with a modest paid-up capital of Rs 10 lakh (1 lakh equity shares of Rs 10 each), with the parent company subscribing to 80% (Rs 8 lakh) and two individuals — Mr. Chetan and Mr. Rohit — taking 10% each. The company clarified this is not a related-party transaction and the new entity is expected to be incorporated within 15-20 days.
This is a small strategic diversification move with a limited initial investment of Rs 8 lakh, so there is no immediate material financial impact on shareholders. However, it signals management's intent to expand into the institutional uniform business, and investors should watch for how this new vertical develops over the coming quarters.