14-Oct-2026 17:25:43
SHREECEMExpansion
SHREECEM : APPROVES INCORPORATION OF STEP-DOWN SUBSIDIARY IN CHINA
• Board of Shree Global FZE, UAE (wholly owned subsidiary of Shree Cement), approved incorporation of a new wholly owned subsidiary in China • Proposed entity named Shree International Trading (Shanghai) Limited, to be incorporated in China • Shree Cement will indirectly hold 100% equity share capital of the proposed company • 100% subscription to initial paid-up share capital in cash; authorized capital of RMB 5,000,000 • Business objective: import, export and trading of machinery, equipment, industrial products, environmental protection equipment and allied products and services • No governmental or regulatory approval required for the incorporation
Shree Cement Ltd
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