Rox Hi Tech Limited — Important, 19-01-2025: General Updates

ROX Hi-Tech Limited has incorporated a subsidiary, ROX HITECH LLC, in California. This newly established entity, with an authorized and paid-up share capital of USD 100, aims to tap into growth opportunities within the international market while aligning with the company's core business of enterprise software development and IT consulting. ROX Hi-Tech Limited holds a 51% stake in the subsidiary, with Jim Rakesh and Sukanya Rakesh owning 25% and 24%, respectively. As of now, operations have not commenced, but this strategic move positions the company to leverage resources and expand its global footprint. Investors should watch closely for developments as this venture could enhance future revenue streams and market presence.