Alpha Tribe

K.P.R. Mill LimitedImportant, 11-03-2025: Updates

11-03-2025 · 07:02 pm

K.P.R. Mill Limited has reported that its wholly owned subsidiary, KPR Mill Pte. Ltd, has been struck off from the register of the Accounting and Corporate Regulatory Authority (ACRA) in Singapore. This cessation of the subsidiary is attributed to a lack of operations over recent years, making its existence redundant for the parent company. The subsidiary contributed a net worth of ₹0.44 crores, accounting for just 0.01% of K.P.R. Mill's consolidated net worth for FY 2023-24. The company recommends monitoring the impact on operational focus and potential restructuring opportunities as it continues to streamline its global activities.

No comments yet. Be the first to comment!

All announcements from K.P.R. Mill Limited