Announced Wed, 8 Apr · 18:04 IST
Repono incorporates step-down subsidiary for warehousing expansion
Strategic Transactions View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹64.96
prior close
₹64.47
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-2.1-2.1-2.1-1.6-1.4-2.2-9.2-8.8-6.3-17.6-6.1+0.1+32.4
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AI summary
Repono Limited announced the incorporation of Repono Mathura Terminals Private Limited as a wholly owned step-down subsidiary, effective April 8, 2026. The new entity will operate in the warehousing sector and is 100% indirectly held through Repono Terminal Private Limited (formerly Storeflex), another wholly owned subsidiary. Repono Terminal will subscribe to 10,000 equity shares of ₹10 face value. The new company is yet to commence business operations.
Likely market impact
Expands warehousing footprint via a new step-down subsidiary, but no immediate financial impact as the entity has not started operations yet.