The Company has incorporated a Subsidary Company named " Sizemasters Mould-Tech Private Limited on February 16, 2026.
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Sizemasters Technology Limited has incorporated a new subsidiary called 'Sizemasters Mould-Tech Private Limited' on February 16, 2026. The parent company has acquired a 60% stake in the subsidiary for a cash consideration of Rs. 1.5 crore (15 lakh equity shares of Rs. 10 each). The new subsidiary has an authorized capital of Rs. 4 crore and paid-up capital of Rs. 2.5 crore, but has not yet started business operations. The subsidiary will focus on manufacturing, processing, and assembling plastic and polymer products using injection moulding and extrusion processes, which is a new business vertical for the company beyond its existing gauge manufacturing business. The promoter/promoter group have an interest in the subsidiary entity.
This is a modest diversification move into plastic and polymer moulding, a new vertical outside the company's core gauge-making business. Since the subsidiary is yet to commence operations and the investment size is relatively small, the near-term impact on the stock is likely limited, but it opens up potential future revenue streams.