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Oceanic Foods Limited has incorporated a new subsidiary, OCEANIC FOOD INGREDIENTS LTD. The subsidiary, with an authorized and paid-up share capital of approximately ₹0.57 Cr, will operate in the dehydration and preservation of spices and vegetables, aligning with the parent company's business. Oceanic Foods holds a 51% stake. This strategic move aims to support growth and expansion, strengthen its presence in the African market, specifically Nigeria, create new business opportunities, and drive long-term strategic development.