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Home โ€บ News โ€บ MITCON โ€บ Related Party Transaction

MITCON Consultancy & Engineering Services Limited (MITCON) โ€” Related Party Transaction | 3 August 2026 (2 announcements)

3 August 2026 ยท NSE ๐ŸŸก Notable Neutral
By StockFin Research Teamโ€ขAI-Assisted Analysisโ€ขSource: BSE/NSE Filings
1Related Party Transaction๐ŸŸก Notable Neutral๐Ÿ“„ PDF
๐Ÿ“ข Key Event
Subsidiary remits subscription money for new wholly owned subsidiaries
๐Ÿ’ก Investor Takeaway
The company has created two new step-down subsidiaries to expand into repository and support services businesses.

MITCON Consultancy & Engineering Services Limited announced that its subsidiary MITCON Credentia Trusteeship Services remitted subscription money on August 3, 2026 to fully subscribe to equity shares in two newly incorporated wholly owned subsidiaries: MITCON Credentia Repository Services Limited (50 lakh paid-up capital) and MITCON Credentia Corporate Support Services Limited (1 lakh paid-up capital). Both entities were incorporated in June and July 2026 respectively to expand into repository and ancillary corporate support services.

2Related Party Transaction๐ŸŸก Notable Neutral๐Ÿ“„ PDF
๐Ÿ“ข Key Event
Subsidiary remits subscription money for new wholly owned subsidiaries
๐Ÿ’ก Investor Takeaway
These incorporations expand the group into new service lines with no promoter involvement but require monitoring of future performance.

MITCON Consultancy & Engineering Services Limited announced that its subsidiary MITCON Credentia Trusteeship Services Limited remitted subscription money on August 3, 2026 to fully subscribe to equity shares in two newly incorporated wholly owned subsidiaries: MITCON Credentia Repository Services Limited (authorized capital โ‚น50 lakhs, paid-up โ‚น50 lakhs) and MITCON Credentia Corporate Support Services Limited (authorized capital โ‚น15 lakhs, paid-up โ‚น1 lakh). Both subsidiaries were incorporated on June 19 and July 9, 2026 respectively to expand into repository and ancillary corporate support services. The transactions are related party but involve no promoter interest, and the company states they will drive growth of the ultimate holding entity.

๐Ÿ“Š Stock Analysis โ€” MITCONโœจ Ask AI About This

About MITCON Consultancy & Engineering Services Limited (MITCON)

Services ยท Miscellaneous ยท Listed on NSE

ROE: 6.2%ROCE: 9.6%

View full MITCON stock details โ†’

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๐Ÿ’ก Ask AI about this filing

"What is the valuation of the new repository subsidiary?""How does this affect MITCON's core engineering business?""What are the expected revenue contributions from these subsidiaries?"
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๐Ÿ“Š More MITCON filings

  • ๐ŸŸก Board Meeting โ€” 13 August 2026The Board of Directors of MITCON Consultancy & Engineering Services Limited approved unaudited stand...
  • Announcement โ€” 14 July 2026MITCON Consultancy & Engineering Services Limited received a SEBI-mandated confirmation certificate ...
  • ๐ŸŸก Related Party Transaction โ€” 8 June 2026On June 8, 2026, MITCON Consultancy & Engineering Services Limited announced the results of a postal...
  • ๐ŸŸก Board Meeting โ€” 27 May 2026The Board approved the audited standalone and consolidated financial results for the quarter and yea...
  • ๐ŸŸก Related Party Transaction โ€” 5 May 2026MITCON Consultancy & Engineering Services Limited announced a shareholders' meeting on May 7, 2026, ...
See all MITCON filings โ†’

๐Ÿ”ฅ Also filed on 3 August 2026

TEXRAILTexmaco Rail & Engineering LimitedFinancial ResultsUNITDSPRUnited Spirits LimitedAnnouncementTENNINDTenneco Clean Air India LimitedAnnual ReportNAZARANazara Technologies LimitedFinancial ResultsNOIDATOLLNoida Toll Bridge Company LimitedFinancial ResultsRBARestaurant Brands Asia LimitedFinancial Results
View all today's announcements โ†’

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only โ€” not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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