Parmeshwar Metal Ltd — Important, 18-08-2026: Company Update

Parmeshwar Metal Limited has successfully incorporated a new subsidiary, Parmeshwar Copperx Private Limited, to boost its presence in the metal industry. This new entity, located in Gujarat, will primarily focus on manufacturing metal products, including copper extrusion. Parmeshwar Metal holds a significant 51% equity stake in the subsidiary. The new subsidiary has an Authorized and Paid-up Share Capital of 0.10 Cr. Parmeshwar Metal's investment for subscribing shares amounts to 0.051 Cr. This strategic move aims to expand the company's operational capabilities and market reach in the metal manufacturing segment.