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Divestment1 Sept 2026, 03:40 pm

Amagi Media Labs Ltd: Subsidiary Argoid Analytics Liquidated

AI Summary

Amagi Media Labs Ltd announced the voluntary liquidation of its wholly owned subsidiary, Argoid Analytics Private Limited, effective August 31, 2026. The liquidation was approved by the National Company Law Tribunal and recorded by the Registrar of Companies. Argoid is not a material subsidiary, and its dissolution is not expected to materially impact Amagi Media Labs' business. The subsidiary's turnover, revenue, income, and net worth were reported as ₹0.00 as of March 31, 2026. The liquidation process was initiated prior to Amagi Media Labs' listing.

Key Highlights

  • Wholly owned subsidiary Argoid Analytics Private Limited has been voluntarily liquidated.
  • Liquidation effective August 31, 2026, with no material business impact.
  • Argoid contributed zero turnover, revenue, income, and net worth.
  • Dissolution fully completed as per NCLT approval.