REPRO INDIA LIMITED Repro India Limited announced that the Company has incorporated a Wholly Owned Subsidiary namely "REPRO DMCC" in Dubai, UAE. REPRO DMCC has been incorporated with effect from June 20, 2023. Share Capital: AED 50,000.00 divided into 50.00 Shares, of value AED 1,000.00 each.
Turnover: Not Applicable since it is a newly incorporated Company. REPRO DMCC is a direct Wholly Owned Subsidiary of Repro India Limited, based in Dubai. Incorporation of REPRO DMCC doesn't fall within the purview of related party transactions.
None of the promoter/promoter group /group companies have any interest in the newly incorporated entity. However, post incorporation REPRO DMCC would be a Related Party, being the Wholly owned subsidiary of the Company. Industry to which the entity being acquired belongs: Books & Publication.
100% subscription to the share capital is in cash by Repro India Limited. Repro India Limited has subscribed 50 shares of AED 1,000 per share. Repro India Limited, holds 100% shareholding of REPRO DMCC.
REPRO DMCC is incorporated in Dubai, UAE and registered with the Registrar of Companies of the Dubai Multi Commodities Centre Authority (DMCCA) which is a Free Trade Zone and is yet to commence its business operations.
