Fractal Industries Incorporates Dubai Subsidiary, Approves Loan

Fractal Industries Ltd announced the incorporation of a new subsidiary in Dubai, named 4P Global (Proposed), which will focus on import/export and trading of scrap, metal, plastic, and textiles. The company will subscribe to 98% of the subsidiary's capital, valued at 100,000 AED, with an acquisition cost of 10 AED per share. This move is considered a related party transaction as a relative of the promoter is a director in the proposed company. Additionally, the Board approved a loan of up to ₹2,00,00,000/- to its existing subsidiary, Nested Brands Private Limited, for the Financial Year 2026-27. The company also disclosed its unaudited financial results for the half-year ended September 30, 2026.