Repono Ltd Incorporates Step-Down Subsidiary Repono Mathura Terminals Private Limited
Repono Ltd, formerly Repono Private Limited, has seen the incorporation of a new step-down subsidiary. The entity, Repono Mathura Terminals Private Limited, became effective as a wholly owned subsidiary of the company on April 8, 2026.The development stems from Repono Terminal Private Limited, which is a wholly owned subsidiary of Repono Ltd. This subsidiary incorporated Repono Mathura Terminals Private Limited, establishing it as a step-down subsidiary of Repono Ltd.
Details of the New Subsidiary
The newly incorporated company, Repono Mathura Terminals Private Limited, has the Corporate Identification Number (CIN) U52109MR2026PTC475393. The company’s primary industry focus is Warehousing.Regarding the expansion plans, the incorporation of Repono Mathura Terminals Private Limited is intended to allow the business to expand, establishing the company as a wholly owned step down subsidiary.
Transaction Details
The transaction involves Repono Terminal Private Limited subscribing to the share capital of the new entity.A summary of the share acquisition details is provided in the table below:
| Particulars | Detail |
|---|---|
| Name of the Target Company | Repono Mathura Terminals Private Limited (CIN: U52109MR2026PTC475393) |
| Date of Incorporation | April 8, 2026 |
| Size/Turnover | Not applicable (yet to commence business operations) |
| Industry | Warehousing |
| Consideration | Cash Consideration |
| Shares to be Subscribed | 10,000 equity shares of face value of ₹ 10 each |
| Direct Shareholding Acquired | NIL |
| Indirect Shareholding Acquired | 100% (Acquired through Repono Terminal Private Limited, wholly owned subsidiary company) |
In this related party transaction, Repono Mathura Terminals Private Limited is classified as a related party of the Company, and the transaction falls within the ambit of related party transactions. The promoter/promoter group/group companies do not have any interest, except to the extent of shares held by the Company in Repono Terminal Private Limited.
Repono Mathura Terminals Private Limited was incorporated on April 8, 2026, in India, and its line of business is Warehousing. As it is a newly incorporated company, its history of last three years turnover is Not Applicable.
Stock Price Movement
Repono Ltd settled at ₹64.47 on Wednesday, finishing the day up 18.08%. Throughout the trading session, the shares saw considerable movement, testing a range between ₹64.00 and ₹65.00.Source:
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