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Awaiting price reaction for this filing.
Simplex Realty Ltd has informed the stock exchange that the Ministry of Corporate Affairs (MCA) has approved the incorporation of its wholly owned subsidiary, 'Simplex Dream Homes LLP', on 14 November 2025. The Board had earlier approved this step on 21 May 2025. The new LLP will operate in real estate activities, including as builders, real estate developers and general construction contractors for new projects and partnerships. The total capital contribution is Rs. 1,00,000, with Simplex Realty holding 100% stake, and the entity is yet to commence operations.
This is a routine subsidiary incorporation with a very small capital outlay (Rs. 1 lakh) and no immediate financial impact. It signals the company's intent to diversify and expand within real estate, but the new entity has not started operations yet, so it is too early to gauge any effect on shareholders or the stock price.