ScoutQuest19 Oct 2026
PI Industries523642Subsidiary or JV

PI Industries incorporates wholly owned subsidiary PI Foundation with Rs. 1,00,000 initial subscription for CSR activities

By ScoutQuest · · 1 min read

100%Shareholding of PI Foundation held by Company and subsidiaries
Shareholding of PI Foundation held by Company and subsidiaries: 100%.
Target Entity
PI Foundation (wholly owned subsidiary, Section 8 not-for-profit for CSR activities)
Extent of Shareholding
wholly (100%) - the Company along with its subsidiaries hold 100% shareholding of PI Foundation
Consideration
Initial share capital subscription in Cash of an amount of Rs. 1,00,000/-
Target
PI Foundation
Transaction
New Subsidiary (incorporation of Wholly Owned Subsidiary)

PI Industries incorporates wholly owned subsidiary PI Foundation with Rs. 1,00,000 initial subscription for CSR activities.

Board approval
Intimation to exchanges
Date of incorporation
Certificate of Incorporation issued
Board approval 11 Aug 2026 · Intimation to exchanges 11 Aug 2026 · Date of incorporation 19 Oct 2026 · Certificate of Incorporation issued 19 Oct 2026
More numbers
  • Initial share capital subscriptionRs. 1,00,000/-
  • Shareholding of PI Foundation held by Company and subsidiaries100%
  • ConsiderationRs. 1,00,000/-
Source: BSE · 19 Oct 2026

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