Stampede Capital incorporates new subsidiary — Gayiadi Fintech
Stampede Capital Limited, a Hyderabad-based financial services, equity investment, and wealth management company, has incorporated a fully-owned subsidiary called Gayiadi Fintech Private Limited.
According to the company, Gayiadi Fintech will be engaged in software designing, development, customization, implementation, maintenance, testing and benchmarking, developing, and dealing in computer software, solutions, and business of dealing and maintenance of computer hardware.
Stampede Capital has an initial subscription of 1,50,000 equity shares of INR 10 each, totaling INR 15,00,000 of Gayiadi Fintech.
According to Stampede Capital, the entity or person forming part of the promoter and promoter group of the company are not interested in the transaction with the exception of Jonna Venkata Tirupati Rao and Shaik Haseena, who are the common directors of the promoter company — Gayi Adi Holdings Private Limited (Previously called Gayi Adi Trends and Management Private Limited).