14-Oct-2026 19:22:36

INDO-MIM : INCORPORATES VIETNAM WHOLLY OWNED SUBSIDIARY WORTH RS 45 CR

• Board approved incorporation of a Foreign Wholly Owned Subsidiary in Vietnam, tentatively on 01 December 2026 • Overall investment of ₹45 Cr to be infused over five years; 100% initial subscription by INDO-MIM in cash • Entity to be a single-member LLC with no share issue; INDO-MIM to hold 100% control and ownership • Business: manufacture, assembly, sale and export of electronics, prototype and other engineering components • Approvals required from Vietnam Business Registration office and RBI for Overseas Direct Investment • Board also re-appointed three Non-Executive Independent Directors for 5 years from March 30, 2027, via postal ballot

INDO-MIM Ltd

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