Aarvi Encon Limited has informed the Exchange about Incorporation of Aarvi Energy Services SDN. BHD in Malaysia, a step-down subsidiary of Aarvi Encon Limited, India through its wholly owned subsidiary Aarvi Encon FZE, UAE.
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Aarvi Encon Limited has set up a new company called Aarvi Energy Services SDN. BHD in Malaysia, which will operate as a wholly owned step-down subsidiary. The new entity was incorporated on September 23, 2025, under the Malaysian Companies Act, with its registered office in Kuala Lumpur. It will be fully owned through Aarvi Encon FZE (UAE), which is itself a 100% subsidiary of the Indian listed company. The new company will offer manpower outsourcing, HR services, and engineering design and consultancy work. The investment is small: 3,000 shares at RM 1 each (around RM 3,000), subscribed at par by the UAE subsidiary, with no share swap or external funding involved.
This is a small, low-cost overseas expansion into Malaysia that fits Aarvi Encon's existing manpower and engineering services business. It signals a push into Southeast Asian markets but is unlikely to move the stock on its own given the tiny capital outlay.