Investment23 Mar 2026, 11:48 am
Transrail Lighting Ltd Withdraws Share Application Money in WOS due to War-like Situation
AI Summary
Transrail Lighting Ltd has informed about recalling the share application money remitted for allotment in share capital of its Wholly Owned Subsidiary (WOS), Transrail Trading LLC, incorporated in the United Arab Emirates (UAE). The decision comes in light of the current war-like situation. Monica Tanay Gandhi, Company Secretary and Compliance Officer, has digitally signed the update.
Key Highlights
- Transrail Lighting Ltd recalls share application money in Transrail Trading LLC, a Wholly Owned Subsidiary in the UAE.
- The recall is due to the ongoing war-like situation.
- Monica Tanay Gandhi, Company Secretary and Compliance Officer, has provided a digital signature for the update.