Nahar Industrial Enterprises Limited — Important, 08-04-2025: General Updates

Nahar Industrial Enterprises Ltd. has incorporated LOGIPARK KOLKATA PRIVATE LIMITED as a wholly owned subsidiary. The subsidiary has an authorized and paid-up share capital of ₹1,00,000. Currently, it has no turnover as operations have yet to commence. This strategic move aims to establish a foothold in the warehousing and storage industry. Nahar will hold 100% control, having subscribed to 10,000 equity shares at par. Though the subsidiary is considered a related party, there is no interest from the promoters or group companies outside this relationship. This initiative positions Nahar for future growth within the logistics sector; investors should watch closely for developments as operations begin.