Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015 we would like to inform you that the Company had formed a Wholly Owned Subsidiary in the name and style as COLAB SPORTS SCIENCE ....
Awaiting price reaction for this filing.
Colab Platforms Ltd has incorporated a wholly owned subsidiary named COLAB SPORTS SCIENCE PRIVATE LIMITED (CIN: U46909MH2025PTC445823) in Maharashtra, with the certificate of incorporation dated 16th April 2025. The new subsidiary has an authorised share capital of Rs. 25 lakh (2,50,000 equity shares of Rs. 10 each), fully subscribed by Colab Platforms in cash. The WOS will operate in sports nutrition products, equipment, and gadgets through online and offline channels. The company stated the subsidiary will support the holding company's business expansion into the sports science segment.
This is a diversification move into sports nutrition and equipment, signaling expansion beyond the company's existing tech/platform business. For shareholders, it opens a new revenue vertical but adds execution risk since sports science is outside Colab's core business. Likely to be viewed as a small, positive optionality news given the modest capital deployed.