Vimprotech Private Limited incorporated as a wholly owned subsidiary

Vimprotech Private Limited incorporated on October 01, 2026 as a wholly owned subsidiary in India.

Thu 1 Oct 2026

Incorporation Date

October 01, 2026

Proposed Initial Subscription

Rs 4,03,00,000

Shares Subscribed

40,30,000 equity shares of Rs 10/- each

Ownership

100% of its share capital to be held by the company

Subsidiary Industry

plastics processing / packaging — vacuum-formed, thermoformed and injection-moulded products and packaging solutions

What happened

• The company informed the exchanges on October 01, 2026 that Vimprotech Private Limited has been incorporated on October 01, 2026.
• It is a wholly owned subsidiary of the company, incorporated in India.
• This is in furtherance of the intimation dated September 29, 2026, in which the Board of Directors approved the incorporation of two wholly owned subsidiaries in India. That Board meeting commenced at 04:00 p.m. and concluded at 04:20 p.m.
• Of those two, Vimprotech Private Limited has now been incorporated; the second entity is shown as proposed to be incorporated.

What the new subsidiary is set up to do

• Industry: Plastics Processing / Packaging Industry.
• Business: manufacturing of vacuum-formed, thermoformed and injection-moulded products and packaging solutions, catering to various industries including automobiles, electrical and electronics, consumer durables, agriculture, food packaging, logistics and industrial manufacturing sectors.

Capital and ownership

• The proposed initial subscription is Rs 4,03,00,000, representing 40,30,000 equity shares of Rs 10/- each.
• The proposed initial capital is in the form of cash — not a share swap.
• 100% of the share capital of the wholly owned subsidiary would be held by the company.
• No governmental or regulatory approvals are required for the incorporation.

The second proposed subsidiary

• Name: "Total International Packaging Solutions Private Limited" or, in the alternative, "Total Integral Packaging Solutions Private Limited", or such other name as may be approved by the Registrar of Companies / Central Registration Centre.
• Industry: logistics / supply-chain support services.
• Business: pooling of returnable packing materials, catering to auto and other industries manufacturers.
• Proposed initial subscription of Rs 1,65,00,000, representing 16,50,000 equity shares of Rs 10/- each, in cash, with 100% of the share capital to be held by the company.

How to read this

• A wholly owned subsidiary is a separate company in which the parent holds all the shares. Its accounts are generally consolidated with the parent's accounts.
• The amounts shown are the initial subscription amounts being put into newly formed entities, so they represent capital committed to these businesses rather than revenue.
• The update sets out the proposed line of business, the consideration, the price at which shares are subscribed and the ownership structure. The eventual financial contribution will depend on how these businesses scale.

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