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Awaiting price reaction for this filing.
Simplex Realty Ltd has informed BSE that the Ministry of Corporate Affairs (MCA) has confirmed the availability of the name 'SIMPLEX DREAM HOMES LLP' for incorporation as a Wholly Owned Subsidiary (WOS). The MCA letter, dated 30th May 2025, reserves the name for 3 months, during which the company must complete the incorporation. The name was applied for by Pooja Bagwe, Company Secretary. Further details and disclosures will be shared with the exchange once the LLP is formally incorporated. No financial figures, capital commitment, or business rationale have been disclosed in this filing.
This is a routine procedural step towards creating a new wholly owned subsidiary. It has no immediate financial or operational impact on shareholders, but signals the company's intent to expand into a new venture (homes/real estate) under a separate LLP structure. Investors should wait for the next update with full disclosures once the subsidiary is incorporated.