Tara Chand InfraLogistic Solutions to Incorporate Wholly Owned Subsidiary
The Board of Directors of Tara Chand Infralogistic Solutions Limited, in their meeting held on December 19, 2025, approved the incorporation of a wholly owned subsidiary in Maharashtra. The new entit...
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Why is Tara Chand InfraLogistic Solutions Limited in the news today?
Tara Chand InfraLogistic Solutions Limited (TARACHAND) is in the news due to the announcement reports the board's approval for incorporating a new subsidiary, which is a routine corporate action. there are no immediate financial gains or losses mentioned, hence the sentiment is neutral.
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Tara Chand InfraLogistic Solutions to Incorporate Wholly Owned Subsidiary
December 19, 2025, 10:44 AM
The Board of Directors of Tara Chand Infralogistic Solutions Limited, in their meeting held on December 19, 2025, approved the incorporation of a wholly owned subsidiary in Maharashtra.
The new entity will be engaged in the manufacturing of high-frequency beams and metal processing, fabrication, cutting, and slitting. The company will subscribe to 100% of the share capital, amounting to ₹25,00,000 (Rupees Twenty-Five lakh only), comprising 2,50,000 shares of face value ₹10 each.
The board meeting commenced at 15:30 P.M. and concluded at 16:00 P.M. Approvals from relevant authorities, including the Ministry of Corporate Affairs, are required for the incorporation.
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