Mumbai, September 13 (Patrika English News): Shares of Trans India House Impex Ltd (TIHIL) were locked at the upper circuit limit on Friday after the company announced the incorporation of a new subsidiary.
The stock surged 4.92% to ₹11.94 on the BSE, up from the previous close of ₹11.38. It opened at ₹11.93 and traded between ₹11.93 and ₹11.94, with over 50.14 lakh shares changing hands.
Stock Highlights
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52-week high: ₹31.87 (December 4, 2024)
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52-week low: ₹10.48 (September 11, 2025)
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1-week range: ₹12.22 – ₹10.48
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Market cap: ₹84.84 crore
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Promoter holding: 27.68%
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Institutional holding: 0.01%
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Non-institutional holding: 72.31%
About the New Subsidiary
The company has incorporated a subsidiary named TIHIL IDA Group, receiving its Certificate of Incorporation from the Ministry of Corporate Affairs on September 11, 2025.
Trans India House Impex has subscribed to 51% equity share capital and voting rights in the subsidiary by participating in its Memorandum and Articles of Association. The new entity has issued and allotted 2,55,000 equity shares of ₹10 each, giving TIHIL majority ownership.
The subsidiary will focus on trading, export, and import of footwear, garments, handbags, jewellery, lifestyle products, cosmetics, fabrics, sports equipment, and other consumer and industrial goods.
Company Background
Formerly known as IO System, Trans India House Impex is a service-oriented export trading firm that enables domestic and international companies to expand their presence in new and existing markets.
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