Subsidiary6 Jul 2026, 01:58 pm
Capacite Infraprojects Incorporates CSR Foundation
AI Summary
Capacite Infraprojects Ltd has incorporated a Section 8 company, 'Capacit'e Foundation', on July 03, 2026, for carrying out Corporate Social Responsibility (CSR) activities. This foundation is a company limited by guarantee and does not have share capital, meaning no cash consideration or share swap was involved. Capacite Infraprojects Limited will maintain control over the management and affairs of the foundation. The incorporation aligns with Section 135 of the Companies Act, 2013, and the disclosure has been made as per SEBI LODR Regulations.
Key Highlights
- Capacite Infraprojects Ltd established a new CSR entity, Capacit'e Foundation.
- The foundation is a Section 8 company, limited by guarantee.
- No financial consideration was involved in the incorporation.
- Capacite Infraprojects Ltd retains control over the foundation's management.
- The entity will focus on Corporate Social Responsibility activities.
Price Impact
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