StockWatch
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Specialty Chemicals
Subsidiary22 Sept 2026, 05:01 pm

Vishnu Chemicals: Subsidiary winding-up delayed, expected in 6 months

AI Summary

Vishnu Chemicals Ltd. announced an update regarding the closure of its wholly-owned subsidiary, Vishnu International Trading FZE, UAE. The voluntary winding-up process is still underway, having faced delays due to administrative, procedural, and external factors. The company now anticipates the completion of the winding-up process within an additional period of approximately six months. This update follows previous communications on the matter from July 2025, October 2025, and March 2026.

Key Highlights

  • Winding-up of Vishnu International Trading FZE, UAE, is ongoing.
  • Process completion delayed due to administrative and external factors.
  • Expected to finalize within approximately six months.
  • Vishnu International Trading FZE is a wholly-owned subsidiary.