Darjeeling Industriies incorporates Novva Defence Iinds subsidiary
Darjeeling Industriies Ltd has announced the incorporation of its new wholly-owned subsidiary, "NOVVA DEFENCE IINDS LIMITED," on January 30, 2026. The subsidiary has an authorised share capital of ₹10,00,000 and a paid-up share capital of ₹9,99,600, with 100% cash subscription at face value. NOVVA DEFENCE IINDS LIMITED will operate in the industrial manufacturing and defence systems industry. Its business scope includes manufacturing, trading, and dealing in a wide range of industrial products and defence equipment, as well as providing maintenance, repair, and overhaul (MRO) services for defence systems. The incorporation is considered a related party transaction, with Darjeeling Industriies' directors, Mr. Ashok Jain and Viha Jain, as subscribers.
Key Highlights
- Darjeeling Industriies incorporated "NOVVA DEFENCE IINDS LIMITED" as a subsidiary.
- The new entity will focus on industrial manufacturing and defence systems.
- It has an authorised capital of ₹10,00,000 and paid-up capital of ₹9,99,600.
- The subsidiary will engage in manufacturing and MRO for defence equipment.
- The incorporation involved 100% cash subscription at face value.
Price Impact
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