Indo Count Industries Limited — Important, 04-02-2025: General Updates

Indo Count Industries Limited has incorporated a wholly owned step-down subsidiary named Indo Count Global East, Inc., which is registered in Delaware, USA. This entity has an authorized capital of USD 10,000,000 and a paid-up capital of USD 1,000, with no current turnover. The subsidiary will operate in the utility bedding products sector, aiming to expand the parent company's footprint in the textile industry. Importantly, this acquisition falls within the related party transactions framework, though the promoter group has no significant interest in the new entity. With 100% ownership, Indo Count Industries is well-positioned to leverage this strategic move for future growth opportunities.