GFL Limited announces its subsidiary GFCL EV Products Limited Incorporated Its Wholly-Owned Subsidiary in Sultanate of Oman namely GFCL EV (FZC) SPC on 11th June, 2024. Name of the target entity, details in brief such as size, turnover etc: GFCL EV (FZC) SPC in Sultanate of Oman Initial subscription to be made by GFCL EV Products Limited is up to OMR 2,50,000. Industry to which the entity being acquired belongs: To set up a new Project to manufacture High Purity Metal Sulphate and Complex Metal Phosphate.
Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief): Newly incorporated Company for business development.