BSECompany Update23h ago · 21 Jul 2026, 05:19 pm
Update on Incorporation of Wholly owned subsidiary (WOS) in Hongkong
Jaysynth Orgochem Ltd · 524592
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Jaysynth Orgochem Ltd has incorporated a wholly-owned subsidiary in Hong Kong, VarnaTex Limited, to support the company's trading products and export opportunities.
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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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Jaysynth Orgochem Ltd - 524592 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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JAYSYNTH ORGOCHEM LIMITED
(Formerly known as JD Orgochem Limited)
Date: 21st July, 2026
Corporate Relationship Department
BSE Limited
Phiroze Jejeebhoy Towers
Dalal Street,
MUMBAI – 400 001
Scrip Code: 524592
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“SEBI Listing Regulations”) – Update on Incorporation of a Wholly Owned Subsidiary (WOS) in Hong Kong
Dear Sir/Madam,
This is in continuation to our earlier intimation dated 27th May, 2026, regarding the approval granted by the Board of
Directors for the incorporation of a Wholly Owned Subsidiary (WOS) in Hong Kong.
We are pleased to inform you that the Company has received the official Certificate of Incorporation from the
Companies Registry of Hong Kong today, i.e. 21st July, 2026, confirming that the WOS has been successfully
incorporated under the name "VarnaTex Limited" on 17th July, 2026.
The disclosures required under Regulation 30 of SEBI Listing Regulations, read with Part A of Schedule III of the
Regulations and relevant SEBI Circulars are provided in Annexure - 1.
Kindly take note of the same for your records.
Thanking you,
Yours faithfully,
For JAYSYNTH ORGOCHEM LIMITED
Parag Sharadchandra Kothari
Executive Chairman and Managing Director
DIN: 00184852
Encl: As above
Registered Office & Head Office : Tel.: +91-22-4938 4200 www.jaysynth.com GSTIN: 27AAACJ0902B1ZC
301, Sumer Kendra, P. B. Marg,Worli, +91-22-4938 4300 investor.relations@jaysynth.com CIN No.: L24100MH1973PLC016908
Mumbai - 400 018. India.
JAYSYNTH ORGOCHEM LIMITED
(Formerly known as JD Orgochem Limited)
Annexure-1
Disclosure as specified in Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015
Sr.No. Particulars Details
1 Name of the entity, date & country of Name of entity: VarnaTex Limited
incorporation, etc.
Date of Incorporation: 17th July, 2026 (Certificate received
on 21st July, 2026)
Country of incorporation: Hong Kong
2 Name of holding company of the The incorporated entity is a Wholly Owned Subsidiary (WOS)
incorporated company and relation with the of Jaysynth Orgochem Limited.
listed entity
3 Industry to which the entity being Chemicals and Inkjet Printers & Accessories.
incorporated belongs
4 Brief background about the entity The WOS is incorporated to support the Company’s trading
incorporated in terms of products / line of activities such as procurement functions and opportunities
business for exports of Company’s products.
5 Brief details of any governmental or Incorporated under the Hong Kong Companies Ordinance
regulatory approvals required for the (Cap. 622). Complies with FEMA (Overseas Investment)
incorporation Rules, 2022.
6 Nature of consideration - whether cash Cash consideration. Jaysynth Orgochem Limited shall
consideration or share swap and details of subscribe to 100% of the initial paid-up share capital of the
the same WOS in cash.
7 Cost of subscription/price at which the Proposed Subscription Capital: 5,00,000 HKD (at 1 HKD per
shares are subscribed equity share). Actual wire transfer and investment are under
process.
8 Percentage of shareholding/control by the 100% control (Wholly Owned Subsidiary)
listed entity and/or number of shares The proposed allotment of 5,00,000 equity shares by the
allotted WOS to the Company is pending.
Registered Office & Head Office : Tel.: +91-22-4938 4200 www.jaysynth.com GSTIN: 27AAACJ0902B1ZC
301, Sumer Kendra, P. B. Marg,Worli, +91-22-4938 4300 investor.relations@jaysynth.com CIN No.: L24100MH1973PLC016908
Mumbai - 400 018. India.