Subsidiary Saatvik Transvolt Solutions Converted from Private Limited to Public Limited
The company's subsidiary, earlier renamed from Melcon Transformers and Electrical Private Limited to Saatvik Transvolt Solutions Private Limited, has been converted into a public limited company with effect from September 28, 2026.
- Subsidiary Conversion Date
- September 28, 2026
- Subsidiary Previous Name
- Saatvik Transvolt Solutions Private Limited
- Subsidiary New Name
- Saatvik Transvolt Solutions Limited
- Original Company Name
- Melcon Transformers and Electrical Private Limited
- Status Change
- Converted from private limited company to public limited company
What was announced
The company informed the exchanges that its subsidiary has been converted from a private limited company to a public limited company with effect from September 28, 2026.
Name change follow-through
- The subsidiary was earlier renamed from Melcon Transformers and Electrical Private Limited to Saatvik Transvolt Solutions Private Limited (disclosed on September 08, 2026).
- After the conversion, its name stands as Saatvik Transvolt Solutions Limited in the records of the Ministry of Corporate Affairs.
- The subsidiary's Corporate Identification Number has been revised accordingly.
How to read this
A conversion from private limited to public limited changes the company's status under the Companies Act and the compliance framework it follows. It does not by itself mean a listing of the subsidiary's shares. The subsidiary continues to be part of the group.
Nature of the disclosure
This is an intimation made under Regulation 30 of the SEBI Listing Regulations, based on information received from the subsidiary, and is a corporate-records update rather than a business or financial development.
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