MITCON has expanded its footprint by incorporating two new wholly-owned step-down subsidiaries.

Its subsidiary, MITCON Credentia Trusteeship Services, invested ₹0.5 Cr to form MITCON Credentia Repository Services Limited (100% stake), targeting expansion into Registrar and Transfer Agent services.

Additionally, it invested ₹0.01 Cr to form MITCON Credentia Corporate Support Services Limited (100% stake) to grow its Ancillary Corporate Support and Secretarial Services.

This strategic move aims to diversify and enhance MITCON's service offerings, driving future growth.