Nettlinx Ltd Approves Incorporation of Wholly Owned Subsidiary COMPAI Limited

Nettlinx Ltd, a Software Development and IT Services company, has approved the incorporation of a Wholly Owned Subsidiary named COMPAI Limited. The subsidiary will be incorporated in India under the provisions of the Companies Act, 2013. Nettlinx Ltd will hold 100% shareholding and control in the new subsidiary. The cost of subscription is INR 1,00,000 for 10,000 equity shares of face value INR 10 each, subscribed at par.