Munish Forge Limited incorporates Munish Defence Solutions Limited as subsidiary
Munish Forge Limited has finalized its investment strategy, officially incorporating Munish Defence Solutions Limited as a new subsidiary. The move comes after the company's Board of Directors had previously approved an investment in a proposed entity that was set to become part of the corporate structure.The incorporation ceremony took place on June 17, 2026, with the Certificate of Incorporation being issued by the Registrar of Companies, Chandigarh, confirming the establishment of Munish Defence Solutions Limited.
Munish Forge Limited's prior intimation confirmed that a company was proposed for investment and would subsequently become a subsidiary. The successful incorporation completes this strategic development within the group structure.
Key details of the new entity are summarized below:
| Detail | Information |
|---|---|
| Subsidiary Name | Munish Defence Solutions Limited |
| Incorporation Date | June 17, 2026 |
| Issuing Authority | Registrar of Companies, Chandigarh |
The incorporation solidifies the company's expansion plans, concluding the planned investment that was previously communicated.
MUNISH Stock Price Movement
Today, shares of Munish Forge Limited edged higher to settle at ₹63 after closing today, reflecting a gain of 1.61%. The stock saw robust activity in the post-market session, with a total traded volume recorded at 571,200 shares.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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