We attach herewith intimation regarding cessation of subsidiary.
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Him Teknoforge Ltd has exited its 75% subsidiary, Himforge Rings LLP, effective 29 December 2025. The LLP was incorporated on 26 November 2024, but the company never made any capital contribution to it. The Board had approved the relinquishment of partnership interest on 11 November 2025, and LLP partners confirmed the exit on 29 December 2025, removing the company's nominee director as well. As a result, Himforge Rings LLP has ceased to be a subsidiary of Him Teknoforge. The company confirms nil financial impact on turnover, net worth, or profits, with no consideration received.
This is a non-material event with no impact on shareholders — the subsidiary was newly formed, never received capital, and generated no revenue or profit. Investors are unlikely to see any meaningful change in the stock or financials.