Thai Wah Public Company Limited announced regarding the resolution of the Board of Directors' Meeting No. 1/2023, which was held on February 21, 2023, that had approved the establishment of a new subsidiary in India. Date of incorporation is 11 October 2023.

Name of subsidiary is THAI WAH INTERNATIONAL (INDIA) PRIVATE LIMITED. Type of business is Production, sales, marketing, distribution of tapioca, bioplastic and agri-food related products. Registered capital is INR 11,000,000 (Equivalent to approximately THB 5,000,000).

Shareholding structure is Wholly-owned by the Company and its subsidiaries.