KRBL Limited Changes Name of Wholly Owned Subsidiary to KRBL FZCO
KRBL Limited has announced a change in the name of its Wholly Owned Subsidiary. The subsidiary's name has been updated from KRBL DMCC to KRBL FZCO.The name change was implemented following revised naming conventions introduced by the Dubai Multi Commodities Centre (DMCC). These new guidelines require that all entities registered with the DMCC adopt the suffix 'FZCO'.
KRBL Limited noted that this change is strictly limited to the name and suffix of the subsidiary. The company confirmed that the change does not affect the subsidiary's existing legal status or constitution.
The update reflects the compliance with the revised naming structure mandated by the DMCC.
KRBL Stock Price Movement
Shares of KRBL Limited today slipped by 2.31% to settle at ₹349.55. Trading closed with a volume of 425,091 shares, after charting a day's range between ₹345.05 and ₹363.45.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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