Megasoft Limited announced that the Company has incorporated two subsidiaries namely Velapan Systems Private Limited and Nelatop Systems Private Limited. Velapan Systems Private Limited - Authorized Share Capital: INR 10,000,000 and Paid-up Share Capital: INR 100,000. Nelatop Systems Private Limited - Authorized Share Capital: INR 10,000,000 and Paid-up Share Capital: INR 100,000.