Subsidiary15 May 2025, 05:51 pm
Avro India Ltd Subsidiary 'Avro Recycling Limited' Incorporated for Plastic Waste Recycling
AI Summary
Avro India Ltd has incorporated a wholly owned subsidiary, Avro Recycling Limited, for the purpose of recycling plastic waste. The Ministry of Corporate Affairs approved the incorporation on May 14, 2025. Avro Recycling Limited has a authorized capital of Rs. 5,00,000/- divided into 5,00,000 equity shares of X1/- each and the subscription to the share capital is 100% in cash. The company was recently formed and no operations have been carried out till now.
Key Highlights
- Avro India Ltd has incorporated a wholly owned subsidiary, Avro Recycling Limited
- The subsidiary's main object is to process the recycling of plastic waste
- The Ministry of Corporate Affairs approved the incorporation on May 14, 2025
- The subscription to the share capital is 100% in cash
- Avro Recycling Limited has a authorized capital of Rs. 5,00,000/- divided into 5,00,000 equity shares of X1/- each