With regard to the captioned matter and in compliance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India ( SEBI ) (Listing Obligations and Disclosure Requirements) Regulation, 2015 ( SEBI Listing Regulations ), we hereby inform you that M/s. House of Patels Limited has been incorporated as wholly owned subsidiary of the M/s. Patel Integrated Logistics Limited having Registered office in Mumbai, Maharashtra. The Certificate of Incorporation has been issued by the Ministry of Corporate Affairs, Government of India, on January 06, 2026.
PATINTLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Patel Integrated Logistics Limited has incorporated a new wholly owned subsidiary called 'House of Patels Limited' on January 06, 2026, with its registered office in Mumbai, Maharashtra. The subsidiary will operate in logistics, real estate, and facility management — areas aligned with the parent company's existing business lines. The new entity has not yet started operations, and Patel Integrated Logistics holds 100% of its paid-up share capital. The initial capital infusion will be in cash. Since this is a fresh incorporation rather than a purchase, no acquisition cost, turnover history, or regulatory approvals apply.
This is a routine corporate restructuring move with no immediate financial impact on shareholders. The new subsidiary may support future business expansion or hold specific assets, but since operations have not begun, it does not change the company's near-term earnings outlook.