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Touchwood Entertainment incorporates new subsidiary MakeMeUp

The company has acquired 9999 equity shares (99.99%) of Rs10 each at Rs99,990.

December 27, 2021 10:45 IST | India Infoline News Service
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Touchwood Entertainment Limited has incorporated a wholly-owned subsidiary company “MakeMeUp Private Limited” on December 24, 2021. The company has acquired 9999 equity shares (99.99%) of Rs10 each at Rs99,990.

“The business of the wholly-owned subsidiary company would be in the field of beauty, skincare & wellness and to offer Professional Makeup Courses as well,” the company said in a filing on Saturday.

At around 10.44 am, Touchwood Entertainment Limited was trading at Rs119.60 per piece up Rs0.60 or 0.50% on the NSE. 

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