Cryogenic Ogs Ltd — Important, 24-04-2026: Company Update
24-04-2026 · 04:59 pm
Cryogenic OGS Limited's board has approved forming a new subsidiary, INFRAVOLT ENGINEERING PRIVATE LIMITED, pending final registration. This strategic move aims to expand the company's operations and achieve backwards integration within its related industry segments. The subsidiary will manufacture precision components crucial for power, energy, and railway infrastructure applications. Cryogenic OGS will secure a 51% majority stake through cash consideration, investing in the subsidiary's paid-up capital of ₹0.05 Cr, which has an authorised capital of ₹0.1 Cr. This is set to enhance the company's market position.
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