Business Update30 Oct 2026, 07:12 pm
Tejassvi Aaharam to Incorporate Singapore Subsidiary, Open Dubai Branch
AI Summary
Tejassvi Aaharam Ltd announced key strategic expansion plans following its board meeting on October 30, 2026. The company will incorporate a Wholly-Owned Subsidiary (WOS) in Singapore named 'WEAGRO PTE LTD' to capitalize on business opportunities in the Singapore market. Additionally, it plans to establish a branch office in Dubai, UAE, subject to regulatory approvals. The company also approved the shifting of its books of accounts maintenance to its registered office in Chennai. The Singapore subsidiary will focus on agro products, with an initial investment of up to SGD 100,000, to be remitted in cash. This expansion is considered within the company's main line of business.
Key Highlights
- Tejassvi Aaharam to establish a wholly-owned subsidiary in Singapore.
- Company plans to open a branch office in Dubai, UAE.
- Books of accounts maintenance will be shifted to the registered office.
- Initial investment in Singapore subsidiary capped at SGD 100,000.
- Expansion aims to capitalize on international business opportunities.
Price Impact
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