Investment29 Aug 2026, 03:00 pm
Growington Ventures Invests USD 152,183 in Subsidiary
AI Summary
Growington Ventures India Ltd announced that its Board of Directors, in a meeting held on August 29, 2026, approved an investment of USD 152,183 for the allotment of 560 shares in its wholly-owned subsidiary, Elementures Foodstuff Trading LLC. Each share was valued at 1000 AED. The board also authorized directors Mr. Vikram Bajaj and Mr. Mukesh Patwa to finalize all related formalities. The meeting took place at the company's registered office in Navi Mumbai and lasted from 1:00 PM to 1:50 PM.
Key Highlights
- Board approved investment of USD 152,183 in subsidiary.
- Investment is for 560 shares in Elementures Foodstuff Trading LLC.
- Share allotment valued at 1000 AED per share.
- Directors authorized to complete investment formalities.
- Board meeting held on August 29, 2026.
Price Impact
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