The Company has informed the exchange that the Executive Committee of the Board of Directors of GHV Infra Projects Limited at its meeting held on today i.e. Thursday, April 30, 2026 has ....
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GHV Infra Projects Ltd's Executive Committee approved the incorporation of a Wholly Owned Subsidiary (WOS) in Ohio, United States of America. The proposed entity, likely to be named GHV Infra Inc. or similar, will be 100% owned by the listed company. The WOS will focus on Infrastructure, Industrial, Buildings & Energy sectors. The investment will be made in cash and is subject to FEMA, RBI, and US regulatory approvals. The company views this as a strategic step to enhance overseas business operations and evaluate prospective infrastructure opportunities.
This announcement signals the company's intent to expand internationally, which could open new revenue streams and growth opportunities. However, there is no immediate financial impact as the subsidiary is yet to be incorporated. Existing shareholders are not diluted as GHV Infra will retain 100% ownership.