Subsidiary30 Jun 2026, 07:30 pm

Zydus Wellness Incorporates UAE Subsidiary

AI Summary

Zydus Wellness Ltd has announced the incorporation of a new wholly owned subsidiary in Dubai, UAE, named Zydus Wellness General Trading DWC-LLC (ZWGTL). This move, effective June 30, 2026, is aimed at business expansion. ZWGTL has a share capital of AED 300,000 and has not yet commenced operations, thus reporting nil turnover. The incorporation was completed via cash consideration, with Zydus Wellness International DMCC, a step-down subsidiary, holding 100% of ZWGTL's shares. The new entity will operate in the Food and Nutrition, Nutraceuticals, and Personal Care sectors.

Key Highlights

Zydus Wellness establishes a new wholly owned subsidiary in UAE.
The subsidiary, ZWGTL, is incorporated for business expansion.
Initial share capital is AED 300,000; operations yet to commence.
The entity will operate in Food, Nutrition, Nutraceuticals, and Personal Care.

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