Capillary Technologies India Limited has announced the voluntary deregistration and closure of its non-operative step-down subsidiary, Capillary Technologies (Shanghai) Co., Ltd., in China. This process has been completed, and the subsidiary has been officially deregistered by the relevant Chinese regulatory authority. The company has stated that this cessation has no impact on its business operations, revenue, or financial position, as the subsidiary was not actively conducting business.
Subsidiary Closure Completed
Capillary Technologies India Limited has officially completed the voluntary deregistration of its China-based subsidiary, Capillary Technologies (Shanghai) Co., Ltd. This non-operative, step-down wholly-owned subsidiary has now been formally deregistered by the relevant regulatory authority in China. The company had previously disclosed this proposed closure in its Red Herring Prospectus dated November 18, 2025.
No Material Impact on Operations
The closure of Capillary Shanghai was primarily a procedural step as the subsidiary was not engaged in any active business operations. Consequently, Capillary Technologies India Limited has confirmed that this cessation will not have any impact on its ongoing business operations, revenue streams, or overall financial health. The company also noted that Capillary Shanghai was not a material subsidiary. Following this completion, Capillary Shanghai is no longer considered a step-down subsidiary of the Company.
Disclosure Compliance
This intimation is provided in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. A detailed disclosure as per Schedule III of the SEBI Listing Regulations is attached as Annexure A. The company has also uploaded this intimation on its website for public access.
Source: BSE
