Tara Chand InfraLogistic Solutions Limited has informed the Exchange about Incorporation of a Wholly Owned Subsidiary .
TARACHAND · price
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Tara Chand InfraLogistic Solutions Limited has incorporated a new wholly owned subsidiary named 'Tarachand Metallix Limited' on January 06, 2026. The new subsidiary, registered in Pune (CIN: U24319PN2026PLC250361), will focus on manufacturing of high frequency beams and metal processing, fabrication, cutting, and slitting. The company has invested Rs. 25 lakh as initial capital, comprising 2,50,000 equity shares of Rs. 10 each, giving it 100% ownership. The subsidiary has been set up to expand the company's existing business operations and boost profitability. No regulatory approvals were required and no related party transactions are involved.
This is a small strategic move into metal processing and fabrication, funded entirely by internal cash. While the investment size is modest at Rs. 25 lakh, it signals the company's intent to diversify into manufacturing. Short-term stock impact is likely minimal given the small capital outlay, but it could become more meaningful if the subsidiary scales up.