StockWatch
·
Oil Storage & Transportation
Subsidiary14 Aug 2026, 05:41 pm

Ganesh Benzoplast Incorporates Wholly Owned Subsidiary in Singapore

AI Summary

Ganesh Benzoplast Ltd has announced the incorporation of its wholly-owned subsidiary, GANESH BENZOPLAST (SINGAPORE) PTE. LTD., in Singapore on August 13, 2026. The subsidiary has an initial share capital of S$1,34,260 and is intended for trading chemicals and chemical products, and general warehousing. This move aligns with the company's strategic plans for business expansion and growth. The subsidiary is yet to commence business operations, and the initial capital contribution will be in cash. This incorporation is a significant step for Ganesh Benzoplast's international expansion strategy.

Key Highlights

  • Ganesh Benzoplast incorporated a wholly-owned subsidiary in Singapore.
  • The subsidiary, GANESH BENZOPLAST (SINGAPORE) PTE. LTD., was incorporated on August 13, 2026.
  • Initial share capital is S$1,34,260, with operations in chemical trading and warehousing.
  • The subsidiary aims to support the company's strategic business expansion and growth.
  • The subsidiary is yet to commence business operations.