Subsidiary14 May 2026, 03:17 pm
Bhageria Industries Incorporates Bhageria Rare Earth Minerals
AI Summary
Bhageria Industries Ltd has announced the incorporation of a new wholly-owned subsidiary, Bhageria Rare Earth Minerals Private Limited, on May 14, 2026. The subsidiary has an authorized share capital of ₹100,000. The incorporation aligns with the company's strategic objectives to expand its existing business. Bhageria Industries will subscribe to 100% of the share capital in cash. The subsidiary is a related party, and any transactions will be conducted at arm's length.
Key Highlights
- Bhageria Industries incorporates Bhageria Rare Earth Minerals as a wholly-owned subsidiary.
- The new subsidiary's authorized share capital is ₹100,000.
- The incorporation supports Bhageria Industries' strategic business expansion.
- Bhageria Industries will subscribe to 100% of the subsidiary's share capital in cash.
- Transactions with the subsidiary will be at arm's length.
Price Impact
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