Bartronics India Ltd Incorporates Wholly Owned Subsidiary BIL Agritech Private Limited
Bartronics India Limited has announced the incorporation of its wholly-owned subsidiary, BIL Agritech Private Limited. The Ministry of Corporate Affairs approved the incorporation on December 22, 2025...
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Why is Bartronics India Limited in the news today?
Bartronics India Limited (ASMS) is in the news due to the incorporation of a wholly-owned subsidiary is a strategic move for diversification and expansion. while it indicates future growth potential, it does not immediately impact current financials or operations, hence the neutral sentiment.
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Bartronics India Ltd Incorporates Wholly Owned Subsidiary BIL Agritech Private Limited
December 23, 2025, 11:10 AM
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Bartronics India Limited has announced the incorporation of its wholly-owned subsidiary, BIL Agritech Private Limited. The Ministry of Corporate Affairs approved the incorporation on December 22, 2025, and issued a Certificate of Incorporation. BIL Agritech Private Limited is set up with an authorized share capital of ₹10,00,000 (Rupees Ten Lakhs only) divided into 1,00,000 equity shares of ₹10 each, and a paid-up share capital of ₹1,00,000 (Rupees One Lakh only) divided into 10,000 equity shares of ₹10 each.
The subsidiary will focus on Agri-Tech solutions and smart farming systems, including precision agriculture technologies, IoT-based sensors, farm automation equipment, and related digital tools. This move aligns with Bartronics India Limited's strategic objective to diversify and expand its current business operations. The initial share capital subscription will be made in cash at face value, with Bartronics India Limited holding 100% of the share capital. Since it is a newly incorporated company, its turnover is not applicable.
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