Joint Venture25 Jul 2025, 12:08 pm
Indian Metals & Ferro Alloys Ltd to Transfer Aviation Assets to Wholly-Owned Subsidiary Metallix Aviation Pvt Ltd
AI Summary
Indian Metals & Ferro Alloys Ltd has announced its intention to transfer its existing aviation assets to its wholly-owned subsidiary, Metallix Aviation Pvt Ltd. This decision comes after the company formed Metallix Aviation Pvt Ltd on 23rd July 2025. The transfer is expected to take place in due course.
Key Highlights
- Indian Metals & Ferro Alloys Ltd to transfer aviation assets to wholly-owned subsidiary Metallix Aviation Pvt Ltd
- Transfer to take place in due course
- Company formed Metallix Aviation Pvt Ltd on 23rd July 2025