La Tim Metal to merge wholly owned subsidiary with itself

La Tim Metal and Industries has received an approval for the merger of La Tim Sourcing (wholly owned subsidiary of the company) with itself. The Board of Directors of the company at their meeting held on October 29, 2018, approved the same. La Tim Metal and Industries was established with the vision of establishing itself … Read more

Kitex Garments incorporates wholly owned subsidiary

Kitex Garments has incorporated a wholly owned subsidiary in the name of Kitex Kidswear for carrying out infantswear business. Kitex Kidswear’s business is similar to the main line of business of listed entity of separate labels. Kitex Garments is a 100% export of cotton garments in infants wear segment mainly in US and European markets. … Read more

Adani Green Energy incorporates wholly-owned subsidiary company

Adani Green Energy has incorporated a wholly-owned subsidiary company Adani Wind Energy (TN) on October 15, 2018. The object of the acquisition is to undertake business of generation of electricity from renewable sources of energy. Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind. Bhupendra … Read more

Aditya Birla Capital incorporates new wholly owned subsidiary

Aditya Birla Capital has incorporated a new Wholly Owned Subsidiary in the name of ‘Aditya Birla Capital Investments’ with effect from October 12, 2018. Aditya Birla Capital is one of the largest financial services players in India. Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the … Read more

Madhav Marbles incorporates subsidiary company

Madhav Marbles & Granites has incorporated subsidiary named ‘Madhav Natural Stone Surfaces’ on October 12, 2018. The company has been incorporated to acquire by purchase, lease, transfer mines, mining rights or any other earthen surface containing marble, granite, quartz, or any other stones, mineral deposits of all kinds containing ferrous or nonferrous substances and to … Read more

Nitesh Estates inks agreement to sell 100% stake in tier II subsidiary

Nitesh Estates has entered into an agreement to sell 100% stake in step down tier II subsidiary – Nitesh Pune Mall. The company has signed the agreement with ABIL group of Pune (Ela Realty, a SPV of ABIL). NIRPL a 100% subsidiary through its step down subsidiary will exit the entire holding of this 1 … Read more

Mirza International incorporates Wholly Owned Subsidiary

Mirza International has incorporated a Wholly Owned Subsidiary (WOS) Company, Mirza Bangla which is registered with Registrar of Joint Stock Companies and Firms, at Bangladesh. The object of the incorporation is to carry on the business of garments segment of the company in continues and smoother way. It is in line with the main business … Read more

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