Elecon Engineering Company Limited Receives Certificate of Incorporation for Mexican Subsidiary
Elecon Engineering Company Limited has announced the successful receipt of the Certificate of Incorporation from the Public Registry of Commerce, Mexico, concerning its wholly owned subsidiary, Grupo Radicon SA de CV. The completion of this process marks a key milestone in the corporate structure related to Elecon's global operations.Grupo Radicon SA de CV, which is based in Mexico, operates as a subsidiary under the ownership structure governed by Elecon Singapore Pte. Ltd., another wholly owned subsidiary of Elecon Engineering Company Limited.
The Company confirmed that it received the official Certificate of Incorporation from the Public Registry of Commerce, Mexico, on June 11, 2026, at 09:55 p.m. IST. This documentation completes a process previously initiated after informing stakeholders about the incorporation status of the subsidiary.
Elecon Engineering Company Limited stated that there are no changes to any other information or disclosures provided concerning this matter since the previous notification regarding the establishment of Grupo Radicon SA de CV.
ELECON Stock Price Movement
Shares of Elecon Engineering Company Limited are edging higher to ₹538.85 as of 2:52 PM, rallying 2.33% in live trading. The stock trades on significant investor interest, supported by a volume of 1.05 million shares during the ongoing 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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