Incorporation of wholly owned subsidiary under the name and style of "Colab Global Ventures Private Limited".
Awaiting price reaction for this filing.
Colab Platforms Ltd has incorporated a wholly owned subsidiary named 'Colab Global Ventures Private Limited' (CIN: U62099MH2026PTC468730) on 19th February 2026. The new subsidiary has an authorised share capital of Rs. 25 lakh, divided into 2,50,000 equity shares of Rs. 10 each, with Colab Platforms subscribing to 100% of these shares in cash. The subsidiary will operate in software development, IT services, digital solutions, consultancy, and allied technology activities, aligning with the parent company's main line of business. No related party transactions are involved, and no additional regulatory approvals are required.
This is a routine corporate restructuring move to set up a focused entity for IT and software services. It has no immediate material impact on shareholders as the subsidiary is fully owned by the company and funded through modest internal capital.