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Cargotrans Maritime Limited's Board has approved the incorporation of a Wholly Owned Subsidiary named CML INVESTMENTS PRIVATE LIMITED. This new entity will have a paid-up capital of 0.01 Cr, comprising 10,000 equity shares of Rs 10/- each, and will be 100% held by Cargotrans. The subsidiary will focus on real estate, securities, and investment trading. This strategic move aims to diversify and broaden the company's business portfolio, enhancing stability by reducing reliance on the shipping industry and offering shareholders a wider business scope.