Beacon Trusteeship Limited — JV/Acquisition, 17-08-2026: Acquisition
17-08-2026 | 07:06 pm
17-08-2026 | 07:06 pm
Beacon Trusteeship has announced the incorporation of a Wholly Owned Subsidiary (WOS) in Dubai, UAE. This new entity, provisionally named Beacon (Dubai) Fiduciary/Corporate/Asset Services LLC, will be 100% owned by the company, with an initial investment of ₹0.25 Cr. The subsidiary plans to offer financial services including loan rescheduling, financing brokerage, and trust services. This strategic move represents Beacon's geographic expansion into the lucrative UAE market, aiming to diversify its product portfolio and unlock new revenue streams. This enhances the company's global footprint and growth potential in financial services.
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