Subsidiary4 May 2026, 05:51 pm
Cryogenic Ogs Incorporates InfraVolt Engineering Subsidiary
AI Summary
Cryogenic Ogs Ltd has announced the incorporation of a new subsidiary, InfraVolt Engineering Private Limited, with the certificate of incorporation issued on May 4, 2026. Cryogenic OGS Limited will hold 51% of the paid-up share capital by subscribing to 25,500 equity shares. The subsidiary aims to expand Cryogenic Ogs' business operations by manufacturing precision components for power, energy, and railway infrastructure.
Key Highlights
- InfraVolt Engineering Private Limited incorporated on May 4, 2026.
- Cryogenic OGS Limited is the holding company with 51% stake.
- Subsidiary to focus on manufacturing precision components for infrastructure.
- Shares subscribed at face value of ₹10 per share.
- Authorised share capital is ₹10,00,000 and paid-up capital is ₹5,00,000.