OnEMI Technology Solutions Incorporates Wholly Owned Subsidiary Invincible Minds Private Limited
OnEMI Technology Solutions Limited has successfully incorporated its new subsidiary, which is named Invincible Minds Private Limited. The company received the Certificate of Incorporation from the Central Registration Centre in Mumbai on June 18, 2026. This strategic move expands OnEMI's presence within the financial services sector.Invincible Minds Private Limited was established in India with a Certificate of Incorporation dated June 17, 2026. The new entity belongs to the Financial Services industry and will support the company’s ongoing strategy involving various non-lending business activities and allied financial service offerings.
The incorporation includes a direct investment by OnEMI Technology Solutions Limited. The details surrounding the investment in Invincible Minds Private Limited are as follows:
| Particular | Detail |
|---|---|
| Subsidiary Name | Invincible Minds Private Limited |
| Date of Incorporation | June 17, 2026 |
| Industry Sector | Financial Services |
| Investment Nature | Cash Consideration |
| Total Cost of Subscription | INR 9,00,00,000 (Indian Rupees Nine Crores only) |
| Shares Allotted | 90,00,000 equity shares |
| Face Value per Share | INR 10 (Indian Rupees Ten only) |
| Shareholding Percentage | 100% by OnEMI Technology Solutions Limited |
OnEMI Technology Solutions Limited will subscribe to the entire initial paid up share capital of Invincible Minds Private Limited. This move allows the listed entity to expand its operations through a dedicated Wholly Owned Subsidiary (WOS).
KISSHT Stock Price Movement
Shares of OnEMI Technology Solutions Limited slipped by 1.88% to settle at ₹271.6 today, marking a slight downturn in post-market trading. The stock saw heavy activity, with a total traded volume reaching 773,508 shares 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.