Announced Wed, 1 Jul · 16:44 IST
Tokyo Plast to set up wholly owned subsidiary for retail push
TOKYOPLAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹86.99
prior close
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base price
After-mkt
timing
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AI summary
Tokyo Plast International's board approved incorporating a wholly owned subsidiary called Pinnacle Retail Private Limited on June 30, 2026. The new firm will focus on retail distribution of the company's stainless steel and plastic drinkware. Paid-up capital will be Rs. 4,99,990 through 49,999 equity shares at Rs. 10 each, with Tokyo Plast holding 100 percent. This is a revised filing providing meeting timings as the exchange requested.
Likely market impact
Creates a dedicated retail arm for drinkware distribution. Minor cash outlay under Rs. 5 lakh, limited immediate financial impact.