Subsidiary31 Aug 2026, 06:10 pm
S.J.S. Enterprises Incorporates Wholly Owned Subsidiary
AI Summary
S.J.S. Enterprises Ltd has announced the incorporation of its wholly owned subsidiary, SJS Display Electronics Private Limited (SDEPL), in India on August 31, 2026. The subsidiary, with an authorized and paid-up share capital of ₹5,00,000, will focus on manufacturing, assembling, testing, and selling displays for automotive, consumer, and other applications. The incorporation is a related party transaction due to the company's shareholding. SDEPL has not yet commenced business operations, hence no historical turnover is available. The entire share capital of ₹5,00,000 was subscribed in cash.
Key Highlights
- S.J.S. Enterprises Ltd incorporated a new wholly owned subsidiary, SJS Display Electronics Private Limited.
- The subsidiary will manufacture and sell displays for automotive and consumer applications.
- Initial paid-up capital is ₹5,00,000, fully subscribed in cash.
- The entity is yet to commence commercial operations.
- This is considered a related party transaction due to company ownership.
Price Impact
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