New Launch15 May 2025, 01:43 am
Avro India Ltd to Incorporate Wholly Owned Subsidiary for Plastic Waste Recycling
AI Summary
Avro India Ltd announced at their meeting on April 14, 2025, the proposal to incorporate a wholly owned subsidiary (WoS) named 'Avro Recycling Limited' or any other name approved by authorities. The main object of the proposed Wos is to carry on the business of recycling of plastic waste. The company will invest up to Rs. 1,00,000 initially. All details related to incorporation will be disclosed upon incorporation of the entity.
Key Highlights
- Avro India Ltd to incorporate a wholly owned subsidiary, 'Avro Recycling Limited'
- The main object of the proposed Wos is to carry on the business of recycling of plastic waste
- The company will invest up to Rs. 1,00,000 initially
- All details related to incorporation will be disclosed upon incorporation of the entity