Incorporation of 75% Subsidiary, Valencia Can Beverages Private Limited

A new subsidiary, Valencia Can Beverages Private Limited, was incorporated on September 29, 2026.

Wed 30 Sep 2026

Subsidiary Name

Valencia Can Beverages Private Limited

Incorporation Date

September 29, 2026

Company Equity Stake

75% (7,500 equity shares of ₹10 each, ₹75,000 in cash)

Promoter Stake

25% held by Mr. Manish Turakhia in individual capacity

Paid-up Capital

Rs. 1,00,000

What happened

Valencia Nutrition informed BSE that it has incorporated a new subsidiary, Valencia Can Beverages Private Limited, with the Certificate of Incorporation dated September 29, 2026.

Ownership and money involved

• The company subscribed to 7,500 equity shares of face value ₹10 each, aggregating to ₹75,000, paid in cash.
• This gives it 75% equity shareholding and voting rights.
• Promoter Mr. Manish Turakhia holds 25% of the subsidiary in his individual capacity.
• Authorised capital of the subsidiary: Rs. 1,00,000, divided into 10,000 equity shares of Rs.10 each.
• Subscribed and paid-up capital is the same: Rs. 1,00,000.

What the subsidiary will do

It operates in the Food and Beverage (FMCG) space, specifically non-alcoholic, ready-to-drink and functional beverages — fortified, wellness, sports/hydration, energy and carbonated drinks.

Its stated objects include manufacturing, processing, formulating, packaging, marketing, distribution, import, export and sale of such beverages, along with research and development, branding and licensing of formulations and intellectual property, setting up manufacturing, bottling and warehousing facilities (including through contract manufacturers), and sales through offline, online, institutional and distribution channels.

Related party angle

Being a subsidiary, the new entity qualifies as a related party under Section 2(76) of the Companies Act, 2013. Apart from the promoter's 25% individual holding, no other promoter, promoter group member or group company has any interest in it, except through the company's 75% shareholding.

How to read it

The amount committed at incorporation is small — ₹75,000 — so the immediate financial impact is limited. The significance lies in the company setting up a dedicated vehicle for the packaged beverages line. No governmental or regulatory approvals were applicable for this step.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.