Pursuant to regulation 30 intimation for application submitted to ROC Mumbai for strike off of Subsidiary Hind Power Products Private Limited.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hind Aluminium Industries Ltd has informed BSE that its wholly owned subsidiary, Hind Power Products Private Limited, has filed an application with the Registrar of Companies (ROC) Mumbai for strike-off on 12th August 2025 under Section 248(2) of the Companies Act, 2013. The subsidiary is non-operational, has not generated any income in the last financial year, and has made no contribution to the company's net worth or turnover. This is essentially a housekeeping exercise to remove a dormant subsidiary from the register of companies.
This is a routine corporate housekeeping action with negligible financial impact on shareholders. Since the subsidiary contributed nothing to revenue or net worth, striking it off will not affect the company's financials, and there is no material event to drive stock price movement.