Exato Technologies Limited Incorporates Wholly Owned Subsidiary in Australia
Exato Technologies Limited has successfully incorporated EXATO TECHNOLOGIES PTY LTD as a wholly owned subsidiary in Australia on March 20, 2026, with a paid-up capital of 75,000 AUD. The subsidiary, registered in New South Wales under the Corporations Act 2001, will focus on IT services including software design, development, and deployment. The incorporation was pre-approved by the Board of Directors on February 13, 2026, and represents the company's strategic expansion into international markets.

*this image is generated using AI for illustrative purposes only.
Exato technologies has incorporated a wholly owned subsidiary in Australia as part of its international expansion strategy. The company announced the establishment of EXATO TECHNOLOGIES PTY LTD on March 20, 2026, marking a significant milestone in its growth trajectory.
Subsidiary Incorporation Details
The new subsidiary has been registered under the Corporations Act, 2001 and is registered in New South Wales, Australia. The incorporation follows the approval granted by the Board of Directors at their meeting held on February 13, 2026.
| Parameter: | Details |
|---|---|
| Subsidiary Name: | EXATO TECHNOLOGIES PTY LTD |
| Incorporation Date: | March 20, 2026 |
| Registration: | New South Wales, Australia |
| Australian Company Number (ACN): | 696 391 009 |
| Paid-up Capital: | 75,000 AUD |
| Shareholding: | 100% (Wholly Owned) |
Business Operations and Objectives
The Australian subsidiary will operate in the Information Technology industry, focusing on core IT services. The primary business objectives include:
- Designing and development of software applications
- Deployment of software solutions
- Providing IT-enabled services
- Expanding the company's international presence
Financial Structure
Exato Technologies subscribed to the initial share capital through cash consideration. The company acquired 75,000 shares at face value of 1 AUD each, maintaining complete ownership and control of the subsidiary.
| Financial Details: | Amount |
|---|---|
| Total Shares: | 75,000 |
| Face Value per Share: | 1 AUD |
| Total Investment: | 75,000 AUD |
| Ownership Percentage: | 100% |
Regulatory Compliance
The incorporation has been completed in accordance with Australian corporate laws. As this is a new incorporation rather than an acquisition, no additional governmental or regulatory approvals are required beyond the standard registration process. The company has fulfilled all disclosure requirements under Regulation 30 of SEBI (LODR) Regulations, 2015.
Strategic Impact
The establishment of the Australian subsidiary represents Exato Technologies' commitment to expanding its global footprint in the IT services sector. As a newly incorporated entity, the subsidiary will commence business operations in alignment with the company's core competencies in software development and IT solutions. This expansion positions the company to serve international markets and leverage opportunities in the Australian IT industry.
Historical Stock Returns for Exato Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -1.60% | +11.97% | +25.42% | +25.42% | +25.42% |
What specific market opportunities in Australia's IT sector is Exato Technologies targeting with this expansion?
How will the Australian subsidiary's performance impact Exato Technologies' overall revenue and profitability in the next 2-3 years?
Are there plans to establish additional subsidiaries in other Asia-Pacific markets following the Australian launch?



























