New Launch26 Sept 2025, 06:03 pm
Indsil Hydro Power and Manganese Ltd. to Incorporate Wholly Owned Subsidiary Indsil Infrastructure Limited
AI Summary
Indsil Hydro Power and Manganese Ltd. has announced its decision to incorporate a Wholly Owned Subsidiary (WOS) named 'Indsil Infrastructure Limited'. The WOS will be engaged in the business of real estate and development of infrastructure for commercial and business purposes. The initial paid-up capital of the WOS will be Rs. 1,00,000/- (Rupees One Lakh only). The incorporation is in line with the Company's long-term strategic plans to diversify its business operations and explore opportunities outside the main line of business.
Key Highlights
- Indsil Hydro Power and Manganese Ltd. to incorporate a Wholly Owned Subsidiary named 'Indsil Infrastructure Limited'
- The WOS will be engaged in the business of real estate and development of infrastructure
- The initial paid-up capital of the WOS will be Rs. 1,00,000/- (Rupees One Lakh only)
- The incorporation is in line with the Company's long-term strategic plans to diversify its business operations