Sanginita Chemicals Incorporates Solar Power Subsidiary Agastya Solar Power Private Limited
Sanginita Chemicals Limited, formerly known as Sanginita Chemicals Pvt. Ltd., has successfully incorporated a wholly owned subsidiary named Agastya Solar Power Private Limited. The incorporation was approved by the Ministry of Corporate Affairs on July 07, 2026.The new entity, Agastya Solar Power Private Limited, has an authorized share capital set at Rs. 15,00,000/-. For the subsidiary, the paid up and subscribed share capital is Rs. 1,00,000/-, divided into 10,000 equity shares of Rs. 10/- each.
This development marks a strategic expansion for Sanginita Chemicals Limited as it moves forward with its various chemical manufacturing operations. The Certificate of Incorporation has been issued by the Ministry of Corporate Affairs to the new company.
SANGINITA Stock Price Movement
Sanginita Chemicals Limited surged in the market, settling at ₹48.64 today after climbing 1.99%. The strong performance saw the stock secure a new 52-week high as it traded 98,497 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.
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