Touchwood Entertainment incorporates TouchTown Ventures

Touchwood Entertainment Limited incorporated TouchTown Ventures Private Limited on June 20, 2026, to expand its operations into the real estate sector. The subsidiary has been established with an authorized capital of ₹10,00,000, comprising 10,000 equity shares of ₹10 each. The company will subscribe to 70% of the equity share capital, amounting to a cost of acquisition of ₹70,000, which will be paid in cash at face value on an arm's length basis.

TouchTown Ventures Private Limited is classified as a related party of Touchwood Entertainment Limited. The entity will function as real estate developers, builders, contractors, and property managers. Its business objectives include acquiring and utilizing development rights, approvals, and related assets for the development and commercial exploitation of real estate projects. The subsidiary is yet to commence business operations.

The Certificate of Incorporation was issued by the Registrar of Companies on June 20, 2026. The Corporate Identity Number (CIN) allocated to the new entity is U68100DL2026PTC467674. The company informed the National Stock Exchange of India regarding the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Subsidiary

Particulars	Details
Name	TouchTown Ventures Private Limited
CIN	U68100DL2026PTC467674
Date of Incorporation	June 20, 2026
Authorized Capital	₹10,00,000 (10,000 equity shares of ₹10 each)
Paid-up Capital	₹100,000
Industry	Real Estate
Cost of Acquisition	₹70,000
Shareholding Acquired	70% of Equity Share Capital
Nature of Consideration	Cash

The information was submitted by Rishabh Mishra, Company Secretary & Compliance Officer of Touchwood Entertainment Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.22%	-1.27%	-1.24%	-33.55%	-36.40%	-30.79%

Touchwood Entertainment Limited has received a Letter of Acceptance (LOA) from Delhi Metro Rail Corporation Limited (DMRC) to develop a property at Mohan Estate Metro Station. The project involves the development of a land plot admeasuring 8,903.77 Sq. Mtr. on Line-6 of the Delhi Metro Network. This strategic move allows the company to expand its footprint in the infrastructure and property development sector through a consortium model.

Joint Venture Structure

The Board of Directors approved the formation of a joint venture with Hometown Properties Private Limited to implement the project. The consortium agreement stipulates that Touchwood Entertainment Limited will hold a 70% stake, while Hometown Properties Private Limited will hold the remaining 30%. The joint venture company will undertake the development, operation, and management of the property subject to statutory and regulatory approvals.

Project Details

The project is a domestic contract awarded by DMRC. The execution timeline and financial consideration will be governed by the terms outlined in the LOA, the Request for Proposal (RFP), and definitive agreements to be signed with DMRC. The Board has authorized the directors and key managerial personnel to complete all necessary filings and documentation for the incorporation of the new entity.

Proposed Company Names

The Board has approved an application with the Ministry of Corporate Affairs to reserve the name of the new entity. The preferred names are:

TOUCHTOWN VENTURES PRIVATE LIMITED
AB TOUCHTOWN VENTURES PRIVATE LIMITED

The disclosure was made in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.