Subsidiary21 May 2026, 06:11 pm
Garware Hi-Tech Films Incorporates Wholly-Owned Subsidiary in Dubai
AI Summary
Garware Hi-Tech Films Ltd has incorporated a wholly-owned subsidiary named “Garware Hi Tech Global Trading FZCO” in Dubai Airport Free Zone Authority, Dubai, UAE. The company received the Certificate of Formation/Incorporation and Trading license on May 21, 2026. The subsidiary's initial paid-up share capital is AED 2,000,000 divided into 400,000 shares of AED 5 each, fully subscribed in cash. The new entity will focus on buying and selling films, ceramic coatings, and PPF to MENA and exporting to other regions.
Key Highlights
- Garware Hi-Tech Films establishes a wholly-owned subsidiary in Dubai, UAE.
- The subsidiary, Garware Hi Tech Global Trading FZCO, is incorporated on April 27, 2026.
- GHGT will focus on trading films, ceramic coatings, and PPF.
- Garware Hi-Tech Films invests AED 2,000,000 in initial share capital.
- The incorporation aims to expand Garware's reach in the MENA region.
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