NSEGeneral Updates4 Aug 2026 · 4 Aug 2026, 04:25 pm

General Updates

Jinkushal Industries Limited · JKIPL

✦ AI SummaryJoint Venture

Jinkushal Industries Limited has informed the Exchange about the incorporation of a step-down wholly-owned subsidiary, HEXCO GLOBAL MACHINES L.L.C. - S.P.C., in Abu Dhabi, UAE, to support and expand the Group's international business activities in the Middle East.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Jinkushal Industries Limited has informed the Exchange about Incorporation of a Step down Wholly Owned Subsidiary of the Company.

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JINKUSHAL_04082026162533_Intimation_Final_Signed.pdf

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To, To, Sr. General Manager, The Manager, Listing Department, Corporate Relationship Department, BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001. Bandra (E), Mumbai – 400 051. Scrip Code: 544547 Trading Symbol: JKIPL Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Intimation of Incorporation of a Step down Wholly-Owned Subsidiary of the Company. Dear Sir/Madam, Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Hexco Global FZCO, Dubai, a subsidiary of Jinkushal Industries Limited ('the Company'), has incorporated a wholly owned subsidiary in Abu Dhabi, United Arab Emirates under the name 'HEXCO GLOBAL MACHINES L.L.C. - S.P.C.' on 03rd August 2026. Consequently, HEXCO GLOBAL MACHINES L.L.C. - S.P.C. has become an indirect (step- down) wholly owned subsidiary of the Company. The newly incorporated entity has been established to support and expand the Group's international business activities relating to trading of heavy equipment, machinery, machinery spare parts and allied activities in the Middle East region. The entity is presently in the initial incorporation and commercial establishment stage. It has not commenced commercial operations. As on the date of this disclosure, the entity has not commenced revenue-generating operations and accordingly has no material turnover or business transactions. The incorporation has been undertaken by Hexco Global FZCO from its own resources. No direct investment or remittance has been made by Jinkushal Industries Limited into the said entity. The disclosure required under Regulation 30 read with Schedule III and the applicable SEBI Circular is enclosed as Annexure-I. Further developments, if any, requiring disclosure under applicable laws and regulations shall be intimated in due course. Thanking you, Yours faithfully, For Jinkushal Industries Limited (Formerly Known as Jinkushal Industries Private Limited) Manish Tarachand Pande Company Secretary and Compliance Officer Membership No.: A48185 Annexure I S. No. Particulars Details a) Name of target entity HEXCO GLOBAL MACHINES L.L.C. - S.P.C., incorporated as a wholly owned subsidiary of Hexco Global FZCO and consequently an indirect (step-down) wholly owned subsidiary of Jinkushal Industries Limited. b) Registration / Capital Registration No.: 101-2026-200119148; Paid-up Capital: AED 100,000. b) Related party Upon incorporation, the entity becomes a related party as an indirect subsidiary. Save as above, promoters have no separate interest. c) Industry Heavy equipment and machinery trading, machinery spare parts and equipment rental d) Objects To support and expand the Group's international business activities in the Middle East. e) Government approvals Entity incorporated under the laws of Abu Dhabi, UAE. No further approval required for incorporation. f) Time period Completed on 03rd August 2026. g) Nature of consideration 100% subscription by Hexco Global FZCO in cash. Capital contribution through applicable banking channels. h) Cost of acquisition AED 100,000 proposed/committed by Hexco Global FZCO. i) Shareholding 100% held by Hexco Global FZCO. j) Background Newly incorporated entity. Commercial operations have not commenced. No turnover, revenue or business transactions as on date. Country: Abu Dhabi, UAE. Thanking you, Yours faithfully, For Jinkushal Industries Limited (Formerly Known as Jinkushal Industries Private Limited) Manish Tarachand Pande Company Secretary and Compliance Officer Membership No.: A48185