Indo-MIM Limited approved the incorporation of a wholly owned subsidiary in Vietnam with an overall investment of ₹45 crore over five years. The board also cleared the re-appointment of three non-executive independent directors for a further five-year term.

The new entity, tentatively scheduled for incorporation on December 1, 2026, will operate in the manufacturing sector. Its primary business activities will include the manufacture, assembly, sale, and export of electronics, prototypes, and other engineering components. The company stated that 100% of the initial subscription will be infused via cash consideration by Indo-MIM.

Regulatory approvals and structure

The proposed subsidiary will be a single-member LLC fully owned by Indo-MIM. The incorporation requires approval from the Business Registration Office in Vietnam and the Reserve Bank of India (RBI) for Overseas Direct Investment (ODI). The board noted that no shares will be issued by the Vietnam entity; instead, the entire ownership remains with the parent company.

Director re-appointments

The board approved the re-appointment of Mrs. Rajni Anil Mishra, Mrs. Meera Shankar, and Mrs. Sujitha Karnad as Non-Executive Independent Directors. Each appointment is for a period of five years, effective from March 30, 2027, to March 29, 2032. These appointments are subject to shareholder approval through a postal ballot.

Policy revision

The board also approved a revision to the Insider Trading Policy to ensure compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The updated policy will be available on the company’s website, satisfying compliance requirements under Regulation 46 of the SEBI Listing Regulations.

The board meeting commenced at 5:30 pm and concluded at 6:50 pm on October 14, 2026.

Indo-MIM Limited has updated its Corporate Identification Number (CIN) and revised its listing status to "Yes" on the Ministry of Corporate Affairs (MCA) master data. This administrative change follows the company's equity share listing on the National Stock Exchange of India and BSE Limited on July 30, 2026.

The company informed the stock exchanges in a filing dated October 6, 2026, stating that the update aligns MCA records with its current listed status. The change was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Administrative changes detailed

The Corporate Identification Number was modified from U28110KA1996PLC137499 to L28110KA1996PLC137499. The prefix change from "U" to "L" signifies the transition from an unlisted public company to a listed entity. Concurrently, the listing status field on the MCA Master Data was revised from "No" to "Yes."

Impact on operations

The company clarified that this update is purely procedural and does not affect its share capital, management structure, or business operations. The paid-up capital remains at ₹49,44,80,907, with an authorised capital of ₹60,00,00,000 as per the latest balance sheet dated March 31, 2025.

The filing was signed by Santosh Kumar Dash, Company Secretary and Compliance Officer. A copy of the updated MCA Master Data reflecting these changes has been enclosed for regulatory records and will be available on the company's website.