This is to inform you that the Board of Directors in Board Meeting held on December 22, 2025 has Considered and approved the Incorporation of Wholly owned Subsidiary of the Company.
Awaiting price reaction for this filing.
Shamrock Industrial Company's board, on December 22, 2025, approved the incorporation of three wholly owned subsidiaries named HODL Energy UAE (Abu Dhabi), HODL Energy Singapore, and HODL Energy Norway. Each subsidiary will be set up with a cost of $60,000 (approximately ₹53.81 lakhs), with 100% ownership and a target completion date of August 30, 2026. The subsidiaries will engage in a wide range of activities including renewable and conventional power projects, data-centre facilities, specialised computing servers and ASICs, infrastructure-as-a-service, independent power production, and trading in Bitcoin. This marks a major strategic pivot for the small industrial company into power, AI/data-centre infrastructure, and cryptocurrency businesses across three international jurisdictions.
This represents a significant diversification away from the company's existing industrial business into high-growth but high-risk areas like crypto, data centres, and power. Shareholders should note the scale is small (under ₹1.6 crore total investment), execution risk in unfamiliar geographies is high, and the filings are classified as related-party transactions — final outcomes will depend on regulatory approvals in each country.