Announcement under Regulation 30 of SEBI LODR with respect to dissolution of subsidiary of the Company w.e.f. 4th August 2025
Awaiting price reaction for this filing.
India Infraspace Ltd has announced the dissolution of its subsidiary, Nawra Fastings Private Limited, effective 4th August 2025. The filing, made under SEBI LODR Regulation 30, reveals that the subsidiary had NIL revenue from operations in the last financial year and a net worth of approximately ₹6.61 lakh. The company has informed BSE about this corporate restructuring. The dissolution removes a non-operational subsidiary from the group structure.
Minimal impact on company operations as the subsidiary contributed zero revenue. The dissolution simplifies the corporate structure by eliminating a dormant subsidiary. Shareholders should note this as housekeeping but it does not materially affect the company's business or financials.