
Subsidiary17 Jun 2026, 06:51 pm
E2E Networks Incorporates Wholly Owned Subsidiary Sovcloud Technologies
AI Summary
E2E Networks Limited has announced the incorporation of its wholly owned subsidiary, Sovcloud Technologies Limited, in India. This new entity, with an authorized capital of INR 10,00,000 and paid-up capital of INR 1,00,000, will focus on datacentre services, managed hosting solutions, and related technologies. The incorporation is considered a related party transaction, with the promoter group having an interest at arm's length. Sovcloud Technologies was incorporated on June 17, 2026, with E2E Networks holding 100% of its share capital.
Key Highlights
- E2E Networks establishes new wholly owned subsidiary, Sovcloud Technologies.
- Sovcloud Technologies will focus on datacentre and managed hosting services.
- Incorporation is a related party transaction at arm's length.
- Initial capital investment of INR 1,00,000 by E2E Networks.
Price Impact