Intimation for incorporation of Wholly-owned Subsidiary Company
SEIL · price
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Shanti Educational Initiatives Ltd has incorporated a new wholly-owned subsidiary called Shanti Learning Initiatives Private Limited (SLIPL) on January 12, 2026, with its registered office in Gurgaon, Haryana. The new entity will operate in the educational services sector, aligned with the parent's existing line of business. SLIPL has an authorized share capital of ₹1 lakh (10,000 equity shares of ₹10 each), and Shanti Educational holds 100% of it for a total cash consideration of ₹1 lakh. The subsidiary has not yet commenced business operations and is classified as a related party of the listed company. Promoters and group companies have no separate interest in SLIPL beyond the parent company's holding.
This is a small, low-cost strategic expansion — just ₹1 lakh invested — to create a new vehicle for educational services. Since operations have not begun, there is no immediate impact on revenue, earnings, or stock price; it is mainly a structural setup for future business.