Earkart Limited Incorporates US Subsidiary Earkart Inc. for American Market Expansion

2 min read     Updated on 26 Feb 2026, 05:28 PM
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Reviewed by
Shriram SScanX News Team
Overview

Earkart Limited has incorporated wholly owned subsidiary Earkart Inc. in Delaware, United States, on 20th January 2026 to expand its hearing-care business in the American market. The subsidiary is authorized to issue 1,000 shares of common stock at $0.1 par value, all fully subscribed by the parent company for 100% ownership. Earkart Inc. will focus on developing remote audiology platforms, hearing tests, hearing aid distribution, and digital health solutions while partnering with healthcare providers and retailers across the United States.

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*this image is generated using AI for illustrative purposes only.

Earkart Limited has successfully incorporated a wholly owned subsidiary in the United States as part of its strategic expansion into the American hearing-care market. The company informed BSE Limited about this development through a regulatory filing under Regulation 30 of the SEBI Listing Regulations on 26th February 2026.

Subsidiary Incorporation Details

The new subsidiary, Earkart Inc., was incorporated in Delaware on 20th January 2026 through Corporate Bylaws. The company subsequently received its Employer Identification Number (EIN) on 20th February 2026, completing the formal incorporation process.

Parameter: Details
Subsidiary Name: Earkart Inc.
Incorporation Date: 20th January 2026
EIN Received: 20th February 2026
Employer Identification Number: 30-1479110
Registered Office: 16192 Coastal Highway, Lewes, Delaware 19958
Registered Agent: Harvard Business Services, Inc.

Share Structure and Ownership

Earkart Inc. has been authorized to issue 1,000 shares of common stock with a par value of $0.1 per share. Earkart Limited has fully subscribed to all 1,000 shares, maintaining 100% ownership of the subsidiary. The parent company will pay the subscription amount in cash for the shares.

Share Details: Specifications
Authorized Shares: 1,000 shares
Par Value: $0.1 per share
Share Class: Common stock
Ownership: 100% by Earkart Limited
Consideration: Cash payment

Business Objectives and Operations

The subsidiary will operate in the hearing-care and audiology sector, focusing on the development and scaling of compliant remote audiology services in the United States. Earkart Inc.'s business scope encompasses multiple aspects of hearing healthcare delivery and product distribution.

Key Business Activities:

  • Developing and operating compliant remote audiology platforms
  • Providing accurate hearing tests and professional audiology services
  • Hearing aid fitting, distribution, and sales of affordable hearing aids
  • Offering related digital health solutions
  • Partnering with ENT and audiology clinics, insurers, pharmacies, and large retailers
  • Trading, manufacturing, marketing, and distribution of ear-health and hearing-protection products

Strategic Significance

The incorporation of Earkart Inc. represents a significant step in Earkart Limited's international expansion strategy. According to the company's filing, the wholly owned subsidiary will play a crucial role in advancing the holding company's business expansion in the United States hearing-care market.

The subsidiary's registered office is located at 16192 Coastal Highway, Lewes, Delaware, with Harvard Business Services, Inc. serving as the registered agent. The Certificate of Incorporation was signed by Michael J. Bell, President of Harvard Business Services, Inc., acting as the incorporator.

This development positions Earkart Limited to tap into the American hearing-care market through its dedicated US entity, potentially enabling better market penetration and compliance with local regulations in the healthcare sector.

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Earkart Limited Secures ₹4.13 Crore Government Order from ALIMCO via GeM Portal

1 min read     Updated on 14 Feb 2026, 04:12 PM
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Reviewed by
Radhika SScanX News Team
Overview

Earkart Limited has been awarded a government order worth ₹4,12,76,400 from ALIMCO through the GeM portal for supplying BTE hearing aids. The one-time domestic supply contract is expected to contribute positively to the company's revenue, with no related party transactions or promoter group interests involved.

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*this image is generated using AI for illustrative purposes only.

Earkart Limited has announced the successful award of a government order valued at ₹4,12,76,400 from the Artificial Limbs Manufacturing Corporation of India (ALIMCO) through the Government e-Marketplace (GeM) portal. The company disclosed this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The contract represents a significant business development for Earkart Limited, focusing on the supply of BTE (Behind-The-Ear) hearing aids to ALIMCO. The order structure and key parameters are outlined below:

Parameter: Details
Awarding Entity: Artificial Limbs Manufacturing Corporation of India (ALIMCO)
Contract Value: ₹4,12,76,400
Product Type: BTE Hearing Aid
Contract Nature: Supply contract (Government)
Execution Timeline: One time contract
Market Classification: Domestic

Regulatory Compliance and Corporate Governance

Earkart Limited has ensured full compliance with regulatory disclosure requirements in announcing this contract award. The company has confirmed that no promoter, promoter group, or group companies have any interest in ALIMCO, the entity awarding the contract.

Additionally, the order does not fall within the scope of related party transactions, maintaining the arm's length nature of the business relationship. This transparency demonstrates the company's commitment to proper corporate governance practices.

Business Impact and Revenue Contribution

The management expects this government order to contribute positively to the company's revenue during the contract period. As a one-time supply contract, the order provides immediate business visibility and strengthens Earkart Limited's position in the healthcare equipment sector.

The successful award through the GeM portal also highlights the company's capability to secure government contracts through competitive bidding processes, potentially opening doors for future opportunities in the public sector healthcare equipment market.

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