Bhageria Industries Limited — Important, 24-10-2024: General Updates

Bhageria Industries Limited has announced the incorporation of a wholly-owned subsidiary, Salasar Renewables Private Limited. The new entity aims to hold investments in various companies, with an authorized share capital of ₹1,00,000. As a newly formed company, it has not commenced business operations yet. Bhageria will fully subscribe to the share capital in cash, maintaining complete ownership. This strategic move aligns with the company's expansion objectives in its business operations.