Winsol Engineers Limited — Updates, 24-03-2025: Incorporation

Winsol Engineers Limited has announced a board meeting to discuss the incorporation of a new foreign subsidiary, Winsol Engineers Zambia Limited, located in Lusaka, Zambia. This subsidiary will focus on electric power generation, transmission, and distribution, as well as manufacturing electric motors and related apparatus. The initiative aims to expand international operations and capitalize on growth opportunities in the energy sector. Holding a 51% stake through a cash subscription of K 1 per share, this move may enhance the company's competitive positioning and potentially improve investor sentiment, reflecting a positive outlook on growth in overseas markets.