Subsidiary5 Aug 2026, 05:00 pm
L.K.Mehta Polymers Incorporates Wholly Owned Subsidiary
AI Summary
L.K. Mehta Polymers Ltd has announced the incorporation of its wholly owned subsidiary, L.K. MEHTA GREEN PRIVATE LIMITED, effective August 5, 2026. This move is part of the company's strategy for business diversification and expansion into the green and renewable energy sector. The subsidiary has an initial paid-up capital of ₹1,00,000 and will focus on sustainable technologies, recycling, and allied activities. This initiative is expected to enhance business opportunities and strengthen the company's long-term growth prospects.
Key Highlights
- Wholly owned subsidiary L.K. MEHTA GREEN PRIVATE LIMITED incorporated.
- Subsidiary to focus on green energy and sustainable technologies.
- Initial paid-up capital of ₹1,00,000 subscribed.
- Purpose is business diversification and expansion into renewables.
- Expected to strengthen long-term growth strategy.
Price Impact
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