KDDL Limited — JV/Acquisition, 20-03-2025: Acquisition

KDDL Limited has incorporated a new subsidiary, Artisan Watch Products Private Limited, with an initial subscription of ₹1.60 crore, representing 80% of the shareholding. This move aims to expand its presence in the watch products industry, although the new entity is still in the early stages, with no commercial operations yet. The subsidiary has a registered capital of ₹5 crore, with a promoter also subscribing to 20% equity. This strategic initiative is positioned to enhance KDDL's market positioning in the watch segment.