Cella Space Adds 5 Subsidiaries for Industrial Park Expansion

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AuthorAnanya Iyer|Published at:
Cella Space Adds 5 Subsidiaries for Industrial Park Expansion
Overview

Cella Space Ltd has incorporated five new wholly-owned subsidiaries, each with an initial paid-up capital of ₹1.00 lakh, between April 7th and 9th, 2026. This strategic move aims to significantly expand the company's industrial park development business. The company had previously acquired Vijay Logistics Parks Private Limited for a similar purpose in February 2026.

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Cella Space Expands Industrial Park Business with New Subsidiaries

Cella Space Limited announced the incorporation of five new wholly-owned subsidiaries. These entities were established between April 7 and April 9, 2026. Each subsidiary received an initial paid-up capital of ₹1.00 lakh, comprising 10,000 equity shares valued at ₹10 per share.

The formation of these dedicated legal entities is a strategic step to enhance Cella Space's presence and operational capacity within the industrial park development sector. This initiative is part of the company's broader strategy to grow its industrial park and logistics warehousing operations.

This development follows Cella Space's acquisition of Vijay Logistics Parks Private Limited in February 2026. Vijay Logistics Parks is involved in industrial warehousing and land development. The acquisition was completed for ₹1,00,000.

Cella Space operates in a market with established players focused on industrial park development. Key competitors include ESR India, Welspun One Logistics Parks, Mahindra Logistics, Allcargo Logistics, and KSH Infra, all of whom are developing modern industrial and logistics facilities.

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