StockWatch
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Medical Equipment & Supplies
Subsidiary22 Jun 2026, 10:50 pm

Earkart Ltd Incorporates UK Subsidiary for Healthcare Services

AI Summary

Earkart Ltd has announced the incorporation of its foreign subsidiary, Earkart Health Limited, in the United Kingdom on June 8, 2026. The subsidiary has an authorized and paid-up share capital of GBP 10,000. Earkart Ltd holds a 65% stake, representing 650 equity shares, acquired at face value. The subsidiary's objective is to provide healthcare services and sell healthcare products. As a newly incorporated entity, it has no prior turnover. The incorporation required only standard registration formalities in the UK. The company's investment in the subsidiary's paid-up capital was GBP 6,500 in cash.

Key Highlights

  • Earkart Ltd establishes a UK subsidiary, Earkart Health Limited.
  • Subsidiary to focus on healthcare services and product sales.
  • Earkart Ltd holds a 65% controlling stake in the new entity.
  • Initial investment of GBP 6,500 made in cash.
  • The subsidiary is newly incorporated with no prior turnover.