CLN Energy Ltd Incorporates Wholly Owned Subsidiary in Dubai, UAE

CLN Energy Ltd has completed the incorporation of a Wholly Owned Subsidiary in Emirate of Dubai, United Arab Emirates named 'C L N GENERAL TRADING L.L.C.'. The new subsidiary is established to operate in the clean and renewable energy sector, with an investment of INR. 25,68,000 and AED. 1,00,000. C L N General Trading L.L.C. is a related party of CLN Energy Limited, but the Promoter or Promoter groups of the Company do not have any interest in the aforesaid wholly-owned subsidiary, except to the extent of equity shares held in the Company.