Subsidiary24 Apr 2026, 02:11 pm
Valecha Engineering Incorporates UV Bharat Private Limited
AI Summary
Valecha Engineering Ltd. announced the incorporation of a subsidiary company, UV Bharat Private Limited, on April 1, 2026. The subsidiary is registered with the Registrar of Companies. The authorized share capital is ₹5,00,000, divided into 50,000 equity shares of ₹10 each, with a paid-up share capital of ₹1,00,000 consisting of 1,00,000 equity shares of ₹10 each. Valecha Engineering will subscribe to 5,100 equity shares of ₹10 each, amounting to ₹51,000, holding 51% equity in UV Bharat Private Limited.
Key Highlights
- Valecha Engineering incorporates UV Bharat Private Limited as a subsidiary on April 1, 2026.
- UV Bharat Private Limited's authorized share capital is ₹5,00,000.
- Valecha Engineering will hold 51% equity in the subsidiary with an investment of ₹51,000.
- UV Bharat Private Limited will focus on infrastructure projects, builders, and engineering.
- The incorporation does not fall under related party transactions.
Price Impact
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