15-Oct-2026 12:39:14
AFELGeneral news
NAHAR INDUSTRIAL ENTERPRISES: INCORPORATES WHOLLY OWNED SUBSIDIARY FOR WAREHOUSING & STORAGE BUSINESS 🟢
• Company incorporated RANCHI LOGIPARK PRIVATE LIMITED on October 14, 2026. • New subsidiary will operate in the warehousing and storage business. • Nahar Industrial Enterprises holds 100% ownership in the subsidiary. • Initial paid-up share capital stands at ₹1 lakh, comprising 10,000 equity shares of ₹10 each. • Authorised share capital stands at ₹1 lakh. • Subsidiary is yet to commence commercial operations. Impact: Neutral to Positive 🟢 — Marks diversification into warehousing and logistics infrastructure, but immediate financial impact is expected to be limited.
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