HealthCare Global Enterprises Announces Winding Up of Tanzanian Subsidiary
HealthCare Global Enterprises Limited (HCG) announced the winding up of Healthcare Global (Tanzania) Private Limited, a wholly owned indirect subsidiary, effective March 2, 2026. The formal notification regarding the winding up was received by the company on March 26, 2026.Healthcare Global (Tanzania) was a non-operating entity and contributed nothing to the turnover, income, or net worth of HealthCare Global Enterprises Limited during the last financial year. As a result, no amount was received by the company following the winding up of the entity.
The winding up does not involve a sale, lease, or disposal of an undertaking and does not constitute a related party transaction.
Details Regarding Subsidiary Wind Up
| Particulars | Details |
|---|---|
| Contribution to Turnover/Income/Net Worth | No contribution during the last financial year. |
| Date of Completion | HCG Tanzania wound up effective March 02, 2026; notification received March 26, 2026. |
| Consideration Received | No amount received. |
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