Jay Ambe incorporates wholly owned textile subsidiary Kilo Kulture
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Jay Ambe Supermarkets has incorporated a wholly owned subsidiary, Kilo Kulture Private Limited, in the textile industry. The subsidiary will trade readymade garments, hosiery, grocery, home textile, home decor, toys, gifts, and footwear via retail channels. Registered on June 15, 2026 with CIN U47820GJ2026PTC179126. Authorised capital is Rs 10 lakh and paid-up capital is Rs 1 lakh, with Jay Ambe holding 100 percent (10,000 equity shares at Rs 10 each). Total investment: Rs 1 lakh in cash. The subsidiary has not yet started operations.
Small capital deployment into a new textile and retail subsidiary, diversifying beyond core supermarket business. No immediate financial impact as operations have not commenced.