Studds Accessories Share Price in Focus; Announces Wholly Owned Subsidiary in Italy

Studds Accessories Limited has announced a strategic shift in its expansion plans by deciding to incorporate a wholly owned subsidiary in Italy instead of Spain.  

This decision aligns with the company's broader strategy to strengthen its presence in the European market. 

Board Decision on European Expansion 

On April 22, 2026, the Board of Directors of Studds Accessories Limited approved the incorporation of a wholly owned subsidiary in Italy.  

This decision replaces the earlier plan to establish the subsidiary in Spain, as initially approved on November 26, 2025. The subsidiary will be incorporated with a capital of up to €1,000,000. 

Subsidiary's Role and Business Focus 

The new subsidiary will focus on the importation, distribution, marketing, and sales of Studds products across Europe. This move is part of the company's global growth strategy, aiming to enhance its market presence in the region. 

Regulatory Approvals and Shareholding Structure 

The incorporation of the subsidiary will require approvals from relevant European authorities. Studds Accessories Limited will hold 100% of the shares in the new entity, with the subscription of equity shares conducted through cash consideration. 

Read More: Infosys Board to Announce Q4FY26 and Annual Results on April 23, 2026! 

Financial Commitment and Shareholding 

The company has committed to a cash investment for the subscription of shares, ensuring complete control over the subsidiary. The capital investment is set at €1,000,000, reflecting Studds' commitment to its European operations. 

Studds Accessories Share Price Performance 

As of April 23, 2026, at 9:53 AM, Studds Accessories share price on NSE is trading at ₹488.25, decline by 0.40% from the previous closing price. 

Conclusion 

Studds Accessories' decision to establish a wholly owned subsidiary in Italy underscores its strategic focus on expanding its footprint in the European market. This move is expected to facilitate the company's growth and strengthen its market position in the region. 

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