Cella Space Ltd Forms Five Wholly-Owned Subsidiaries to Expand Industrial Real Estate Portfolio
Cella Space Ltd has established five new wholly-owned subsidiaries (WOS) to further its business objective of developing industrial parks and expanding its presence in the industrial warehousing sector.The Company confirmed the incorporation of the five WOS, each structured with a paid-up capital of Rs. 1 lac, comprising 10,000 equity shares of Rs. 10 each.
The newly formed subsidiaries are:
1. Landlink Warehousing Private Limited (LWPL)
2. Store Max Logistics Parks Private Limited (SMLPPL)
3. SafeHold Warehousing Private Limited (SWPL)
4. Victara Industrial Parks Private Limited (VIPPL)
5. Summitra Industrial Ventures Private Limited (SIVPL)
The incorporation of these entities took place across a few days, with SMLPPL and SIVPL becoming subsidiaries effective April 7, 2026, while LWPL, SWPL, and VIPPL became subsidiaries effective April 9, 2026.
All five companies operate within the Industrial Warehousing industry and share the primary objective of engaging in the buying and selling of land and the development of industrial parks. This investment in subsidiaries supports Cella Space Limited in realizing its strategic goal of developing industrial parks.
Details of Wholly Owned Subsidiaries
The financial and operational details for each subsidiary, including the shareholding structure and objectives, are as follows.Landlink Warehousing Private Limited (LWPL)
- CIN: U52100TN2026PTC191975
- Status: LWPL has been incorporated and yet to commence operations.
- Paid-up Capital: Rs. 1,00,000 (10,000 equity shares of Rs. 10 each).
- Transaction Details: The investment represents 100% shareholding, with the cost of acquisition being 10,000 equity shares of Rs. 10 each, at par, totaling Rs. 1,00,000.
- Business Objective: Engaging in the business of buying and selling of land and development of industrial parks.
Store Max Logistics Parks Private Limited (SMLPPL)
- CIN: U52100TN2026PTC192221
- Status: SMLPPL has been incorporated and yet to commence operations.
- Paid-up Capital: Rs. 1,00,000 (10,000 equity shares of Rs. 10 each).
- Transaction Details: The Company took a 100% subscription to the initial Share Capital. The cost of acquisition remains 10,000 equity shares of Rs. 10 each, at par, totaling Rs. 1,00,000.
- Business Objective: Engaging in the business of buying and selling of land and development of industrial parks.
SafeHold Warehousing Private Limited (SWPL)
- CIN: U52100TN2026PTC191974
- Status: SWPL has been incorporated and yet to commence operations.
- Paid-up Capital: Rs. 1,00,000 (10,000 equity shares of Rs. 10 each).
- Transaction Details: The investment involved a 100% shareholding, with a total cost of Rs. 1,00,000.
- Business Objective: Engaging in the business of buying and selling of land and development of industrial parks.
Victara Industrial Parks Private Limited (VIPPL)
- CIN: U52100TN2026PTC191977
- Status: VIPPL has been incorporated and yet to commence operations.
- Paid-up Capital: Rs. 1,00,000 (10,000 equity shares of Rs. 10 each).
- Transaction Details: The Company acquired 100% shareholding at a cost of Rs. 1,00,000.
- Business Objective: Engaging in the business of buying and selling of land and development of industrial parks.
Summitra Industrial Ventures Private Limited (SIVPL)
- CIN: U52100TN2026PTC191835
- Status: SIVPL has been incorporated and yet to commence operations.
- Paid-up Capital: Rs. 1,00,000 (10,000 equity shares of Rs. 10 each).
- Transaction Details: The transaction secured 100% shareholding with a cost of Rs. 1,00,000.
- Business Objective: Engaging in the business of buying and selling of land and development of industrial parks.
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Summary of Acquisitions
| Company Name | CIN | Paid-up Capital | Shares Acquired | Cost of Acquisition | Operational Status |
|---|---|---|---|---|---|
| Landlink Warehousing Private Limited (LWPL) | U52100TN2026PTC191975 | Rs. 1,00,000 | 10,000 | Rs. 1,00,000 | Yet to commence operations |
| Store Max Logistics Parks Private Limited (SMLPPL) | U52100TN2026PTC192221 | Rs. 1,00,000 | 10,000 | Rs. 1,00,000 | Yet to commence operations |
| SafeHold Warehousing Private Limited (SWPL) | U52100TN2026PTC191974 | Rs. 1,00,000 | 10,000 | Rs. 1,00,000 | Yet to commence operations |
| Victara Industrial Parks Private Limited (VIPPL) | U52100TN2026PTC191977 | Rs. 1,00,000 | 10,000 | Rs. 1,00,000 | Yet to commence operations |
| Summitra Industrial Ventures Private Limited (SIVPL) | U52100TN2026PTC191835 | Rs. 1,00,000 | 10,000 | Rs. 1,00,000 | Yet to commence operations |
In all instances, the acquisition involves the Company taking 100% shareholding and 10,000 equity shares of Rs. 10 each. The Company confirmed that none of the promoter or promoter group companies of Cella Space Limited have any interest in these newly formed subsidiaries beyond the Company's direct investment.
Stock Price Movement
Cella Space Ltd settled at ₹15.40 on Friday, finishing the day edging higher by 3.43%. Shares moved throughout the day, testing a low of ₹14.15 while reaching an intraday high of ₹15.49.Source:
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