Diffusion Engineers Limited — JV/Acquisition, 07-02-2025: Acquisition
07-02-2025 | 07:23 pm
07-02-2025 | 07:23 pm
Diffusion Engineers has incorporated a wholly-owned subsidiary called "Diffusion Engineers Middle East" to expand its service offerings in welding and light fabrication for the Middle Eastern market, with an authorized and paid-up share capital of USD 50,000. The company plans to wholly acquire this new entity, enhancing its operational footprint and market reach. Additionally, Mr. Prashant Garg has been reappointed as Chairman and Managing Director for another five years, while Mr. Ramesh Kumar N has been appointed as Chief Executive Officer, bringing over 38 years of industry experience to the role.
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