Shree Cement Limited Incorporates Wholly Owned Subsidiary in Mauritius
Shree Cement Limited announced the incorporation of a new wholly owned subsidiary, Shree Cement (Mauritius) Limited, on March 18, 2026. The subsidiary was established in Mauritius with an initial authorized capital of MUR 5,000,000.The new entity will engage in cement, ancillary products, and trading activities. Shree Cement Limited will hold 100% of the shares in Shree Cement (Mauritius) Limited.
According to details provided, the incorporation does not constitute a related party transaction. No governmental or regulatory approvals were required for the incorporation, and no consideration was involved.
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Name of the target entity | Shree Cement (Mauritius) Limited |
| 2 | Country of incorporation | Mauritius |
| 3 | Share Capital | MUR 5,000,000 |
| 9 | Percentage of shareholding | 100% |
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