Sharika Enterprises Limited has incorporated a Wholly Owned Subsidiary Company named "SHARIKA SMARTEC PRIVATE LIMITED", in Noida, Uttar Pradesh. Authorised Capital: INR 10,00,000. Industry to which the entity being acquired belongs: Research and Development and Training in Power and Electrical Industry.

Sharika Smartec Private Limited has authorised share capital of 100,000 shares of INR 10 each aggregating to INR 10,00,000. The issued share capital shall be 10,000 shares of INR 10 each aggregating to INR 1,00,000.