Subsidiary31 Aug 2026, 11:54 am
Galaxy Agrico Exports Ltd applies for subsidiary name reservation
AI Summary
Galaxy Agrico Exports Limited has applied to the Ministry of Corporate Affairs for reservation of names for a proposed subsidiary. The company has proposed two names: 'Galaxy Infralogistics Private Limited' or 'Galaxy Infra-Mining Private Limited'. This move is part of the company's strategy to expand its business into mining, infrastructure development, and logistics sectors through a dedicated entity. The incorporation is subject to regulatory approvals and completion of formalities.
Key Highlights
- Company seeks to incorporate a new subsidiary.
- Proposed subsidiary to focus on mining, infra, and logistics.
- Name reservation application filed with MCA.
- Expansion into new sectors is the strategic objective.
Price Impact
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