India Nippon Electricals Limited — Important, 25-06-2025: General Updates

India Nippon Electricals' subsidiary, PT Automotive Systems Indonesia, has completed its winding-up process and received liquidation proceeds. The subsidiary had no business activity and was immaterial, contributing only 0.04% to net worth and zero revenue. Removal of the subsidiary’s name from the Indonesian register is pending. This move streamlines operations without significant financial impact.