Subsidiary18 Aug 2026, 10:20 pm
Syrma SGS Incorporates Subsidiary SYRMA KAGA ELECTRONICS PRIVATE LIMITED
AI Summary
Syrma SGS Technology Ltd has announced the incorporation of a new subsidiary, 'SYRMA KAGA ELECTRONICS PRIVATE LIMITED' (SKEPL), on August 18, 2026. This joint venture with Kaga Electronics India Private Limited will operate in the electronic components manufacturing sector. Syrma SGS Technology will hold a 60% stake, with an initial investment of ₹60,000, while Kaga will hold 40%. The subsidiary's authorized and subscribed capital is ₹1,00,000. SKEPL aims to manufacture bare printed circuit boards, load components, interface cards, semiconductors, and other electronic components. The transaction is considered a Related Party Transaction and is conducted at arm's length.
Key Highlights
- Syrma SGS Technology Ltd incorporated a new subsidiary, SYRMA KAGA ELECTRONICS PRIVATE LIMITED.
- The subsidiary is a joint venture with Kaga Electronics India Private Limited, with a 60:40 shareholding.
- Initial investment by Syrma SGS Technology is ₹60,000 for a 60% stake.
- The subsidiary will focus on manufacturing various electronic components.
- The incorporation is considered a Related Party Transaction at arm's length.
Price Impact
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