KEKaramtara Engineering544917Subsidiary or JV

Board approves incorporation of wholly owned defence and aerospace subsidiary

Board approved incorporating a wholly owned subsidiary in India: Karamtara Defence & Aerospace Limited (name subject to approvals).

By ScoutQuest · Sat 17 Oct 2026, 9:25 PM IST · 1 min read

Proposed subsidiary name

Karamtara Defence & Aerospace Limited (name subject to approvals)

Shareholding to be subscribed

100% share capital to be subscribed in cash

Face value per share

INR 10/- per share

What was approved

The Board of Directors, at its meeting held on October 17, 2026, approved the incorporation of a Wholly Owned Subsidiary (WOS) company in India. The proposed name is Karamtara Defence & Aerospace Limited, or such other name as may be approved by the relevant authorities.

• Country of incorporation: India
• Holding company: Karamtara Engineering Limited
• The proposed entity will be a wholly owned subsidiary and will be considered a related party of the listed company
• The company, along with its nominee, will subscribe 100% of the share capital

Business of the new entity

The proposed company belongs to the defence, aerospace, engineering and allied activities industry. It will undertake defence, aerospace, manufacturing, engineering, technology development, research and development, and allied activities. These are subject to requisite regulatory approvals, licences and registrations as may be required from a competent authority.

Money and shareholding

• The consideration is 100% subscription to the share capital in cash
• The shares shall be subscribed at face value of INR 10/- per share
• The company along with its nominee will hold 100% of the share capital of the proposed WOS

Approvals

On whether any governmental or regulatory approval is required for the incorporation, the update states no, except approval of a competent authority, if required.

What this means for a retail investor

This is a step to create a separate group company focused on defence and aerospace. The subsidiary is proposed to be fully owned by the listed company, so its business sits within the group. The update sets out the plan to incorporate; it describes the proposed business and the terms of subscription, and the activities are subject to the regulatory approvals, licences and registrations that may be needed.

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