Subsidiary26 May 2026, 03:53 pm
Studds Accessories Incorporates Wholly Owned Subsidiary in Italy
AI Summary
Studds Accessories Ltd. has announced the incorporation of a wholly-owned subsidiary, SMK Helmets Europe SRL, in Italy with a capital of EUR 300,000. This move is part of the company's global growth strategy to strengthen its presence in Europe. SMK Helmets Europe SRL will focus on the import, export, wholesale, and retail distribution of protective helmets, accessories, and related products. The subsidiary's operations will be managed by a locally appointed Director and CEO, Mr. Matteo Schieppati. Mr. Sidhartha Khurana, Promoter and Managing Director of Studds Accessories, is also on the board of the WOS.
Key Highlights
- Studds Accessories incorporates a wholly-owned subsidiary (WOS) in Italy, named SMK Helmets Europe SRL.
- The WOS is capitalized at EUR 300,000 with Studds Accessories holding 100% stake.
- SMK Helmets Europe SRL will focus on distribution of helmets and accessories in Europe.
- The incorporation aligns with Studds Accessories' global growth strategy.
- Mr. Sidhartha Khurana is on the board of the WOS.
Price Impact
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