Borosil Limited has officially announced the incorporation of a wholly owned subsidiary named Stylenest India Limited (SIL). The subsidiary was incorporated on April 8, 2025, under the provisions of the Companies Act, 2013, and is based in Mumbai, Maharashtra.
According to a regulatory filing made to the BSE and NSE on April 9, the newly incorporated SIL will operate in the consumer products industry. Its business focus will be on the manufacturing, marketing, and distribution of household and kitchenware products and related items, subject to obtaining necessary approvals.
As per disclosures made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Borosil has subscribed to 100% of SIL’s initial paid-up share capital—which amounts to Rs. 50,00,000, representing 50,00,000 equity shares of face value Re 1 each, fully paid in cash.
This strategic move indicates Borosil’s intent to expand its footprint in the fast-growing home and lifestyle product segments through a dedicated vertical under the Stylenest India Limited brand.
