Aarti incorporates step down subsidiary in US
General

Aarti incorporates step down subsidiary in US

The newly incorporated company, Aarti Chem Trading USA Inc., becomes a step down subsidiary of the Aarti Industries Limited

  • By ICN Bureau | October 11, 2024

The wholly owned subsidiary of Aarti Industries Limited i.e. Aarti Chemical Trading - FZCO (Dubai), has incorporated an overseas wholly owned subsidiary in the name of Aarti Chem Trading USA.  

The newly incorporated company i.e. “Aarti Chem Trading USA Inc.” becomes a step down subsidiary of the Aarti Industries Limited. Aarti Chemical Trading - FZCO (Dubai) will have 100% holding in Aarti Chem Trading USA Inc.

The new company will deal in trading and dealing in Speciality Chemicals and its business and is in line with the business of its holding companies. US $10,000 as a share capital contribution (number of shares are acquired share 10,000 @ US $1 per share). 100% of share capital in the incorporated company will be held by the Aarti Chemical Trading - FZCO (Dubai), a wholly owned subsidiary of the company.

 

Register Now to Attend Gujarat Chem & Petchem Conference 2025 on May 8-9th 2025, at Hyatt Place, Bharuch

Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2025 on June 18-19th 2025, The Leela Mumbai

Other Related stories

Startups

Chemical

Petrochemical

Energy

Digitization