Elecon step-down subsidiary receives incorporation certificate in Mexico
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.

*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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































