Birla Cotsyn (India) Ltd Announces Closure of Wholly Owned Subsidiary

Birla Cotsyn (India) Ltd has announced the closure of its wholly owned subsidiary, M/s. Birla Cotsyn (India) Limited FZE, located in Hamriyah Free Zone, Sharjah, United Arab Emirates. The decision was made following the outcome of a Board Meeting on 01st September, 2025, and the Annual General Meeting on 29th September, 2025. The subsidiary did not contribute to the turnover or revenue of the company during the last financial year and had no business operations during the period when the holding company was undergoing Corporate Insolvency Resolution Process (CIRP) and subsequent liquidation proceedings. The closure took effect from 29th September, 2025.