Divgi Torqtransfer Systems zooms on getting nod to incorporate wholly-owned subsidiary
Divgi Torqtransfer Systems is currently trading at Rs. 796.00, up by 57.85 points or 7.84% from its previous closing of Rs. 738.15 on the BSE.
The scrip opened at Rs. 820.85 and has touched a high and low of Rs. 827.50 and Rs. 785.00 respectively. So far 29674 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 827.50 on 26-May-2026 and a 52 week low of Rs. 520.35 on 02-Jun-2025.
Last one week high and low of the scrip stood at Rs. 827.50 and Rs. 644.00 respectively. The current market cap of the company is Rs. 2455.81 crore.
The promoters holding in the company stood at 60.56%, while Institutions and Non-Institutions held 27.94% and 11.49% respectively.
Divgi Torqtransfer Systems has received approval for the incorporation of a wholly-owned subsidiary, directly or indirectly, in United States of America (Foreign WOS). The Foreign WOS shall carry out the business of Advance Business Development, Sales, marketing, promotion and distribution. The Board of Directors of the Company in their meeting held on May 25, 2026, has inter-alia approved the same.
