New Launch26 Sept 2025, 06:06 pm
Indsil Hydro Power and Manganese Ltd. to Incorporate a Wholly Owned Subsidiary - Indsil Infrastructure Limited
AI Summary
Indsil Hydro Power and Manganese Ltd. has announced at their board meeting on September 26, 2025, the intention to incorporate a Wholly Owned Subsidiary named 'Indsil Infrastructure Limited' with an initial paid-up capital of Rs. 1,00,000. The new subsidiary will engage in real estate and infrastructure development. The incorporation is in line with the company's long-term strategic plans to diversify its business operations.
Key Highlights
- Indsil Hydro Power and Manganese Ltd. to incorporate a Wholly Owned Subsidiary - Indsil Infrastructure Limited.
- The new subsidiary will engage in real estate and infrastructure development.
- Incorporation is in line with the company's long-term strategic plans to diversify its business operations.
- The initial paid-up capital of the subsidiary is Rs. 1,00,000.
- The incorporation is subject to the approval of the Registrar of Companies, Ministry of Corporate Affairs, Government of India.