Odigma Consultancy Solutions Limited has informed the Exchange about Incorporation of a Wholly Owned Subsidiary Company.
ODIGMA · price
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Odigma Consultancy Solutions Limited has incorporated a wholly owned subsidiary named 'Odigma FZE LLC' in Sharjah, U.A.E., with an authorised and paid-up share capital of AED 1,00,000 (approximately ₹23-24 lakhs). This is the company's first wholly owned subsidiary outside India, aimed at expanding into the Middle East IT sector, particularly in digital media management, marketing, content services, and online advertising. The subsidiary was incorporated on August 13, 2025, has not yet commenced business operations (turnover: nil), and the promoters/promoter group have no separate interest in the entity. The investment is through cash consideration, and the move is intended to position the company strategically near existing customers and tap into the growing IT demand in the region.
This signals Odigma's first international expansion beyond India, which could open access to Middle Eastern clients and markets. However, with negligible capital outlay and no operations yet, there is no immediate revenue or earnings impact for shareholders.