T T Ltd Incorporates Wholly Owned Subsidiary for Investment Activities
T T Limited has announced the incorporation of a new Wholly Owned Subsidiary (WoS), T T Capital Partners Limited. The company received the Certificate of Incorporation for the subsidiary on July 17, 2026.The newly formed entity operates under the investment and other business activity sector. T T Capital Partners Limited is set up to invest and deploy funds in various securities and financial instruments. These include shares, stocks, debentures, government securities, fixed deposits, units of mutual funds, and bonds issued or guaranteed by any company.
A key operational parameter for T T Capital Partners Limited is that it will not undertake banking, financing, or lending as its principal business. Furthermore, the subsidiary is restricted from engaging in activities that require registration as a Non-Banking Financial Company under the Reserve Bank of India Act, 1934, or any other applicable law.
The structure and details of T T Capital Partners Limited are summarized below:
| Particulars | Details |
|---|---|
| Name of Entity | T T CAPITAL PARTNERS LIMITED |
| Date of Incorporation | 17-07-2026 |
| Country of Incorporation | India |
| Holding Company | T T Limited (Wholly Owned Subsidiary) |
| Industry | Investment and other business activity |
| Nature of Consideration | Cash |
The subsidiary has been incorporated with authorized capital of Rs. 15,00,000/- and a paid-up capital of Rs. 1,00,000/-. This capital is divided into 10,000 equity shares of Rs. 10/- each. T T Limited will allot all 10,000 equity shares, signifying 100% control and shareholding in the new entity.
TTL Stock Price Movement
Shares of T T Limited slipped slightly on Friday, closing at ₹6.56 after shedding 0.15%. The stock traded a total of 12,027 shares during the session, closing near its intraday low of ₹6.53.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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