StockWatch
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Packaging
Subsidiary4 Aug 2026, 04:15 pm

Worth Wellness Subsidiary Commences Commercial Production

AI Summary

Worth Peripherals Ltd announced that its wholly-owned subsidiary, Worth Wellness Private Limited, has commenced commercial production effective August 1, 2026. The new facility, located in Indore, Madhya Pradesh, is a state-of-the-art corrugated packaging manufacturing unit equipped with advanced automation and sustainable practices, including plans for a solar power plant. This expansion is expected to significantly enhance manufacturing capabilities, operational efficiency, and product quality, marking a major milestone in the company's growth journey and its commitment to sustainable development. The Board of Directors also approved unaudited financial results for Q1 FY27 and appointed a secretarial auditor for five years.

Key Highlights

  • Wholly-owned subsidiary Worth Wellness begins commercial production.
  • New facility enhances manufacturing capacity and operational efficiency.
  • Focus on sustainability with energy-efficient systems and solar power plans.
  • Board approved Q1 FY27 unaudited financial results.
  • Secretarial auditor appointed for a five-year term.