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Kkalpana Industries’ Board Approves Subsidiary in UAE

Kkalpana Industries (India) Ltd. informed the Bombay Stock Exchange that it’s Board had approved the formation of a Wholly Owned Subsidiary in UAE. It will also invest AED 175,000 in the share capital of the UAE subsidiary and also bear its pre incorporation expenses.

The new subsidiary would be named Kkalpana Plastic Reprocess Industries Middle east FZE, located in Hamriyah Free Zone, Sharjah, United Arab Emirates.