Elecon step-down subsidiary receives incorporation certificate in Mexico

1 min read     Updated on 13 Jun 2026, 06:21 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Grupo Radicon SA de CV, a step-down subsidiary of Elecon Engineering Company, has received its Certificate of Incorporation from the Public Registry of Commerce in Mexico. The confirmation was received on June 11, 2026, completing the process initiated in March 2026.

powered bylight_fuzz_icon
42801718

*this image is generated using AI for illustrative purposes only.

Grupo Radicon SA de CV, a step-down subsidiary of Elecon Engineering Company, has received its Certificate of Incorporation from the Public Registry of Commerce in Mexico. The confirmation was received by the company on June 11, 2026, at 09:55 p.m. IST. This development completes the incorporation process for the entity, which is a wholly owned subsidiary of Elecon Singapore Pte. Ltd., Singapore.

Elecon Singapore Pte. Ltd. is itself a wholly owned subsidiary of Elecon Engineering Company. The initial intimation regarding the incorporation of the Mexican entity was provided to the stock exchanges on March 26, 2026, at which time the company had stated that the formal certificate was awaited.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there is no change in any other information or disclosures provided in the previous letter dated March 26, 2026.

Entity Ownership Status Location
Grupo Radicon SA de CV Wholly owned subsidiary Mexico
Elecon Singapore Pte. Ltd. Wholly owned subsidiary Singapore
Elecon Engineering Company Parent Company India

Historical Stock Returns for Elecon Engineering Company

1 Day5 Days1 Month6 Months1 Year5 Years
+0.76%+2.07%+11.30%+14.38%-15.64%+673.05%

What strategic markets in Mexico does Grupo Radicon SA de CV aim to target?

How will this expansion impact Elecon Engineering's revenue growth in the next fiscal year?

What are the expected capital expenditures for setting up operations in Mexico?

Elecon Engineering Company
View Company Insights
View All News
like18
dislike

Elecon Engineering opens special window for physical share transfers

1 min read     Updated on 10 Jun 2026, 04:35 AM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Elecon Engineering Company Limited has announced a special window for shareholders to re-lodge transfer requests for physical securities that were previously rejected. The window is open from February 05, 2026, to February 04, 2027, with transfers credited in demat form and subject to a one-year lock-in.

powered bylight_fuzz_icon
42591925

*this image is generated using AI for illustrative purposes only.

Elecon Engineering Company Limited has announced a special window for shareholders to re-lodge transfer requests for physical securities that were rejected or not attended to due to deficiencies. This window, established pursuant to a SEBI circular dated January 30, 2026, will remain open from February 05, 2026, to February 04, 2027. The measure applies to securities sold or purchased prior to April 01, 2019.

The company stated that all securities transferred under this special window will be mandatorily credited to the transferee only in dematerialised form. Additionally, securities transferred during this period will be subject to a lock-in period of one year from the date of registration of transfer. This regulatory provision aims to streamline the transfer process for legacy physical shareholdings.

Eligible shareholders are required to submit their share transfer requests along with the requisite documents to the company's Registrar and Share Transfer Agent (RTA). The designated RTA is M/FS Intime India Private Limited, located in Vadodara, Gujarat. Shareholders can access the detailed circular under the Investors section of the company's website.

The intimation regarding this special window was published in The Business Standard Newspaper and Jay Hind Newspaper on June 09, 2026. The communication was addressed to the stock exchanges, including The BSE Ltd. and National Stock Exchange of India Ltd., to ensure broad dissemination of the information to the investing public.

Key Details of the Special Window

Detail Description
Regulation SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Window Period February 05, 2026 to February 04, 2027
Form of Credit Dematerialised (demat) form only
Lock-in Period One year from date of transfer registration
RTA M/FS Intime India Private Limited

Historical Stock Returns for Elecon Engineering Company

1 Day5 Days1 Month6 Months1 Year5 Years
+0.76%+2.07%+11.30%+14.38%-15.64%+673.05%

How will the mandatory one-year lock-in period impact the trading liquidity and market sentiment for Elecon Engineering shares?

What is the estimated volume of legacy physical shareholdings currently held by Elecon Engineering investors?

Will this special window trigger similar compliance measures from other companies with significant physical shareholdings?

Elecon Engineering Company
View Company Insights
View All News
like17
dislike

More News on Elecon Engineering Company

1 Year Returns:-15.64%