Anant Raj Limited Board Approves Formation of Wholly Owned Cloud Services Subsidiary in Singapore
Anant Raj Limited announced that its Finance and Investment Committee approved the proposal for establishing a wholly owned subsidiary in Singapore. The decision was taken during the Committee meeting held on Monday, April 27, 2026.The proposed entity is named Anant Raj Cloud Singapore Pte. Ltd., with incorporation expected in Singapore. The subsidiary will operate within the Data Center, Co-location, and Cloud Services industry.
The new Singapore entity will be primarily engaged in providing Co-location and Cloud services, including artificial intelligence (AI) services, utilizing Data Center and Cloud infrastructure developed by Anant Raj.
The structure of the proposed investment includes the initial subscription for 1,000 shares of SGD 1 each, totaling a share capital of SGD 1,000. This initial subscription establishes the wholly owned subsidiary, with Anant Raj Limited retaining 100% shareholding and control. The company expects to increase the subsidiary's share capital subsequent to the incorporation.
Key details regarding the proposed subsidiary are summarized below:
| Particulars | Details |
|---|---|
| Proposed Entity Name | Anant Raj Cloud Singapore Pte. Ltd. |
| Country of Incorporation | Singapore |
| Holding Company Relationship | Wholly owned subsidiary of Anant Raj Limited |
| Industry | Data Center, Co-location and Cloud Services |
| Nature of Consideration | Cash consideration towards subscription of 100% shareholding |
| Initial Share Capital | 1,000 shares of SGD 1 each (Total: SGD 1,000) |
| Shareholding Percentage | 100% held by Anant Raj Limited |
ANANTRAJ Stock Price Movement
Today, Anant Raj Limited shares rallied significantly, settling at ₹500.9, marking an 8.33% gain. The stock saw active trading today, with a total volume of 13.76 million shares transacted.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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