Nahar Industrial Enterprises sets up wholly owned warehousing subsidiary
NAHARINDUS · price
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Nahar Industrial Enterprises has incorporated Ranchi Logipark Private Limited as a 100 percent wholly owned subsidiary on 14 October 2026. The new entity will operate in the warehousing and storage business. The company subscribed to 10,000 equity shares of Rs 10 each at par, aggregating to Rs 1 lakh. The subsidiary has not yet commenced operations and reported nil turnover. No promoter or group company interest beyond the wholly owned structure.
Small entry into warehousing and storage segment. Financial impact negligible at this stage as operations are yet to begin.