T T Limited incorporates wholly owned subsidiary T T Capital Partners
TTL · price
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T T Limited has incorporated a wholly owned subsidiary, T T Capital Partners Limited, on July 17, 2026, following its earlier disclosure dated May 21, 2026. The new subsidiary will invest in shares, stocks, debentures, mutual funds, government securities and other financial instruments, but will not undertake banking, lending or NBFC activities. It has an authorized capital of Rs. 15 lakh and paid up capital of Rs. 1 lakh, divided into 10,000 equity shares of Rs. 10 each, all allotted to T T Limited. No government approvals were required for the incorporation.
Routine incorporation of a wholly owned investment subsidiary. Allows the company to deploy surplus funds in securities through a dedicated arm. No immediate impact on stock price.