Belrise Industries Incorporates Step-Down Subsidiary in France
Filing Summary
Belrise Industries Ltd has announced the incorporation of a step-down wholly owned subsidiary, Belrise SDM, in France. The subsidiary was established by a wholly owned subsidiary of Belrise Industries, with a share capital of 100,000 Euros. The new entity will engage in activities related to engineering and technologies necessary for defense, space, and aerospace industries. The incorporation aligns with Belrise Industries’ main business line. The share capital was subscribed on December 15, 2025, and the details are disclosed as per SEBI regulations.
Belrise Industries Ltd has informed the BSE and NSE about the incorporation of a step-down wholly owned subsidiary named Belrise SDM in France. This development is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new entity was established by a wholly owned subsidiary of Belrise Industries, making it a step-down subsidiary of the company. The registered office of Belrise SDM is located at 1 Place de la Gare, 59000 Lille, France.
The share capital of Belrise SDM is 100,000 Euros, divided into 10,000 shares of 10 Euros each. The capital was subscribed on December 15, 2025, in accordance with the applicable laws and regulations of France. The incorporation of this subsidiary does not involve any related party transactions beyond its status as a related party of Belrise Industries from the date of incorporation. The promoter group and other group companies have no additional interest in this subsidiary.
Belrise SDM will focus on activities related to engineering, mechanical, optical, electrical, and electronic technologies. These activities are essential for defense, space, aerospace, and related industries. The business operations of Belrise SDM are aligned with the main line of business of Belrise Industries, which is involved in similar technological fields.
No governmental or regulatory approvals were required for the incorporation of Belrise SDM. The incorporation process was completed with the subscription of share capital on December 15, 2025. There is no history of turnover for Belrise SDM as it is a newly incorporated entity.
Belrise Industries Ltd is engaged in providing solutions in engineering and technology sectors, focusing on defense, aerospace, and related industries. The company continues to expand its operations and strategic initiatives in line with its core business areas.