Elecon Engineering Company Limited has announced that its wholly owned step-down subsidiary, Grupo Radicon SA de CV, incorporated in Mexico, has officially received its Certificate of Incorporation. This follows an earlier intimation on March 26, 2026, regarding the subsidiary’s incorporation. The company confirmed the receipt of this crucial document on June 11, 2026, bringing a key procedural step to completion for its international operations.
Grupo Radicon SA de CV Receives Certificate of Incorporation
Elecon Engineering Company Limited (the Company) is pleased to provide an update regarding its step-down subsidiary, Grupo Radicon SA de CV, located in Mexico. The Company had previously informed the stock exchanges on March 26, 2026, about the incorporation of Grupo Radicon SA de CV. At that time, the formal Certificate of Incorporation from the Public Registry of Commerce in Mexico was pending.
Completion of Incorporation Process
We are now pleased to announce that Grupo Radicon SA de CV has successfully obtained its Certificate of Incorporation from the Public Registry of Commerce, Mexico. This significant development was officially received by the Company on June 11, 2026, at 09:55 p.m. IST. This marks the completion of the formal incorporation process for this subsidiary, which operates under Elecon Singapore Pte. Ltd., also a wholly owned subsidiary of Elecon Engineering Company Limited.
No Change in Previous Disclosures
The Company confirms that there are no changes to any other information or disclosures previously provided regarding this matter. Stakeholders are requested to refer to our letter dated March 26, 2026, for all prior details and context.
Source: BSE
