
Astonea Labs Incorporates Subsidiary Longevity Science Pvt Ltd
Astonea Labs Limited has announced the incorporation of its proposed subsidiary, Longevity Science Private Limited, on October 8, 2026. This follows a board approval on September 9, 2026. The new entity, registered with CIN U21001HR2026PTC151534, will operate in the pharmaceuticals, healthcare, and nutraceuticals sectors. Astonea Labs proposes to subscribe to 51% of Longevity Science's initial paid-up equity share capital, subject to requisite formalities and approvals. Upon completion, Longevity Science will become a subsidiary of Astonea Labs. The transaction is intended to be conducted on an arm's length basis, with no direct interest from the promoter/promoter group in the new entity beyond their shareholding in Astonea Labs.
Key Highlights
- Astonea Labs Ltd has incorporated a new subsidiary, Longevity Science Private Limited.
- The subsidiary will operate in pharmaceuticals, healthcare, and nutraceuticals.
- Astonea Labs plans to hold a 51% stake in the new entity.
- The incorporation is a step towards expanding Astonea Labs' business operations.
- The transaction is being conducted on an arm's length basis.
Price Impact
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