Trans India House Impex Limited Establishes New Subsidiary with 51% Stake in Consumer Goods Venture

1 min read     Updated on 11 Sept 2025, 07:16 PM
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Overview

Trans India House Impex Limited has incorporated a new subsidiary, TIHIL IDA Group Private Limited, on September 11, 2025. The company holds a 51% stake in the subsidiary, investing in 2,55,000 equity shares at Rs. 10 each. The new entity, a joint venture with IDA Impex Private Limited, will focus on trading, export, import, and sale of various consumer goods including footwear, apparel, beauty products, and sports equipment. The total paid-up capital of the subsidiary is Rs. 50.00 lakh. This move aligns with the company's strategic expansion into the consumer goods sector.

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Trans India House Impex Limited has announced the incorporation of a new subsidiary company, TIHIL IDA Group Private Limited, marking a significant expansion into the consumer goods sector. The Certificate of Incorporation was issued by the Ministry of Corporate Affairs, Government of India, on September 11, 2025.

Key Details of the New Subsidiary

  • Name: TIHIL IDA Group Private Limited
  • Incorporation Date: September 11, 2025
  • Trans India House Impex's Stake: 51% of equity share capital, voting power, and beneficial ownership
  • Investment: 2,55,000 equity shares at Rs. 10.00 each
  • Total Paid-up Capital: Rs. 50.00 lakh

Business Focus

The newly formed subsidiary will operate as a joint venture with IDA Impex Private Limited. Its primary activities will include:

  • Trading
  • Export and Import
  • Sale of various consumer goods

The product range encompasses:

  • Footwear and accessories
  • Apparel and garments
  • Handbags and fashion accessories
  • Beauty products and cosmetics
  • Jewelry and lifestyle products
  • Leather goods
  • Sports equipment

Financial and Regulatory Aspects

  • The investment was made through cash consideration at face value.
  • The transaction falls within the prescribed limits under Section 186(2) of the Companies Act, 2013.
  • While classified as a related party transaction, it is not considered material based on Trans India House Impex Limited's latest audited financial statements for the fiscal year ending March 31, 2025.
  • The investment aligns with the special resolution passed by shareholders at the 35th Annual General Meeting held on September 30, 2023.

Management Commentary

Mrugesh Ashwin Kumar Vyas, Company Secretary and Compliance Officer of Trans India House Impex Limited, confirmed the development in a regulatory filing. The company views this new subsidiary as a strategic move to expand its presence in the consumer goods market.

Market Implications

This strategic expansion into diverse consumer product categories through TIHIL IDA Group Private Limited positions Trans India House Impex Limited to tap into the growing consumer goods market in India. The joint venture structure with IDA Impex Private Limited suggests a collaborative approach, potentially combining the strengths and expertise of both entities.

Investors and market watchers will likely monitor the performance of this new subsidiary closely, as it represents a significant diversification of Trans India House Impex Limited's business portfolio. The success of this venture could have substantial implications for the company's future growth and market position in the competitive consumer goods sector.

Historical Stock Returns for Trans India House Impex

1 Day5 Days1 Month6 Months1 Year5 Years
+3.17%-15.89%-4.45%-13.06%-43.75%+273.11%
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Trans India House Impex Announces Rs. 49.38 Crore Rights Issue at Rs. 13.90 Per Share

1 min read     Updated on 06 Sept 2025, 11:50 AM
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Overview

Trans India House Impex Limited plans a rights issue to raise up to Rs. 49.38 crores. The company will issue up to 3,55,26,000 fully paid-up equity shares at Rs. 13.90 per share, with a rights ratio of 1:1. The record date is set for May 8, 2025, with the issue opening on May 27, 2025, and closing on June 17, 2025. The full issue price is payable on application. The company's Rights Issue Committee has adopted the Letter of Offer to be filed with BSE Limited and SEBI.

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Trans India House Impex Limited has unveiled plans for a significant capital raise through a rights issue, aiming to bolster its financial position. The company's Rights Issue Committee has given the green light to a fundraising initiative that could inject up to Rs. 49.38 crores into its coffers.

Rights Issue Details

The rights issue, approved by the company's committee, involves the following key points:

  • Issue Size: Up to 3,55,26,000 fully paid-up equity shares
  • Issue Price: Rs. 13.90 per share
  • Rights Ratio: 1:1 (one rights equity share for every one equity share held)
  • Total Fundraising Target: Up to Rs. 49.38 crores

Important Dates

Shareholders and potential investors should take note of the following crucial dates:

Date Type Date
Record Date May 8, 2025
Issue Opening May 27, 2025
Last Date for Market Renunciations June 11, 2025
Issue Closing June 17, 2025

Application Process

Eligible shareholders will have the opportunity to participate in this rights issue. The full issue price of Rs. 13.90 per share is payable on application, simplifying the process for interested investors.

Regulatory Compliance

In line with regulatory requirements, Trans India House Impex's Rights Issue Committee has adopted the Letter of Offer, which is set to be filed with BSE Limited and the Securities and Exchange Board of India (SEBI). This step ensures transparency and compliance with market regulations.

The rights issue presents an opportunity for existing shareholders to increase their stake in the company at a predetermined price. It also provides Trans India House Impex with additional capital, which could be utilized for various corporate purposes, although the specific use of funds has not been detailed in the announcement.

Investors and shareholders are advised to review the full terms and conditions of the rights issue once the Letter of Offer is made publicly available. As with any investment decision, it's crucial to consider personal financial situations and risk appetites before participating in the rights issue.

Historical Stock Returns for Trans India House Impex

1 Day5 Days1 Month6 Months1 Year5 Years
+3.17%-15.89%-4.45%-13.06%-43.75%+273.11%
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