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KDDL Limited ( (IN:KDDL) ) has provided an update.
KDDL Limited has announced the incorporation of a new subsidiary, Artisan Watch Products Private Limited, to expand its operations in the watch products sector. The new entity, with an authorized share capital of Rs. 5 crore, is yet to commence commercial operations. KDDL holds an 80% stake in the subsidiary, with the remaining 20% subscribed by the company’s promoter, Mr. Yashovardhan Saboo. This strategic move is expected to enhance KDDL’s market positioning by broadening its product offerings and strengthening its presence in the watch industry.
More about KDDL Limited
KDDL Limited operates in the watch products industry, focusing on manufacturing and distributing watch components and accessories. The company is known for its precision engineering and caters to both domestic and international markets.
YTD Price Performance: 0.61%
Average Trading Volume: 946
Current Market Cap: 36.7B INR
For detailed information about KDDL stock, go to TipRanks’ Stock Analysis page.