Bhageria Industries Limited Incorporates Wholly Owned Subsidiary for Strategic Expansion
Bhageria Industries Limited has announced the incorporation of a new Wholly Owned Subsidiary (WOS) named Bhageria Rare Earth Minerals Private Limited. The subsidiary was formally established on May 14, 2026.The creation of this WOS is noted as being aligned with the Company’s strategic objectives to expand its existing business operations. The subsidiary has been established with the primary industry focus of holding investments in different entities.
Details regarding the newly incorporated subsidiary and the transaction structure are as follows:
| Particulars | Details |
|---|---|
| Subsidiary Name | Bhageria Rare Earth Minerals Private Limited |
| Date of Incorporation | May 14, 2026 |
| Relationship to Company | Wholly Owned Subsidiary |
| Authorized Share Capital | 1,00,000 (One Lakh) |
| Shareholding Acquired | 100% |
| Consideration/Funding | 100% subscription to the Share Capital will be in Cash. The Company will infuse up to 100,000/- Rs. as Share Capital. |
| Initial Turnover | Not Applicable, as it is a newly incorporated company and has not yet commenced its business operations. |
The transaction involves the Company subscribing to the initial capital and shares at the time of incorporation, ensuring the full control of the new entity. Bhageria Rare Earth Minerals Private Limited is classified as a related party of Bhageria Industries Limited.
BHAGERIA Stock Price Movement
Today, Bhageria Industries Limited shares edged higher to close at ₹160.17, marking a solid 1.53% gain. The stock traded on a volume of 34,005 shares, finding support between ₹157.01 and ₹162 during the session.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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