Clenon Enterprises Ltd — Important, 13-01-2026: Company Update

Clenon Enterprises Limited has incorporated Clenon Properties Private Limited as a wholly-owned subsidiary. This new entity will operate in the real estate and logistics sectors, focusing on developing, managing, and dealing with various properties, including land, warehouses, and industrial parks. Clenon Properties has an authorized capital of 0.10 Cr and a paid-up capital of 0.01 Cr. Clenon Enterprises holds a 99% stake in the subsidiary, with an acquisition cost of Rs. 99,000. This strategic move diversifies Clenon Enterprises' business into new segments, aiming to leverage opportunities in real estate and logistics. The subsidiary is yet to commence business operations.