
Subsidiary12 Jun 2026, 05:21 pm
GSS Infotech Incorporates Wholly Owned Subsidiary Polimeraas Retail
AI Summary
GSS Infotech Limited has announced the incorporation of its wholly owned subsidiary, Polimeraas Retail Private Limited. The new entity has an authorized share capital of Rs. 50,00,000, with GSS Infotech holding Rs. 49,99,990, representing 4,99,999 shares of Rs. 10 each. This move signifies a strategic expansion into the retail sector by GSS Infotech.
Key Highlights
- GSS Infotech incorporated a new wholly owned subsidiary.
- The subsidiary is named Polimeraas Retail Private Limited.
- The company holds nearly 100% stake in the new entity.
- This marks an expansion into the retail sector.
Price Impact
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