Subsidiary29 Oct 2026, 04:17 pm
Dollex Agrotech Incorporates Wholly Owned Subsidiary Dollex Green Ventures
AI Summary
Dollex Agrotech Ltd has announced the incorporation of its wholly owned subsidiary, Dollex Green Ventures Private Limited, effective October 28, 2026. The new entity, with an authorized share capital of ₹10,00,000/-, will focus on renewable energy sectors including biogas, Compressed Biogas (CBG), bioenergy, and bio-fertilizers. This move expands Dollex Agrotech's presence in the renewable energy market. The incorporation falls under related party transactions, with promoters having an interest at arm's length. Dollex Agrotech will subscribe to 9,999 equity shares for cash.
Key Highlights
- Dollex Agrotech incorporated a wholly owned subsidiary, Dollex Green Ventures.
- The subsidiary will focus on renewable energy and biogas production.
- This expansion aims to strengthen the company's position in the green energy sector.
- The incorporation is considered a related party transaction at arm's length.
- Dollex Agrotech will hold 100% of the subsidiary's equity shares.
Price Impact
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