This is to inform that Mihani Trading Private Limited, a wholly owned subsidiary has been struck off from the Register of Companies by the Registrar of Companies, Mumbai on 25th April, 2025.
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Shreeji Translogistics Ltd informed the stock exchange that its wholly-owned non-material subsidiary, Mihani Trading Private Limited, has been struck off from the Register of Companies by the Registrar of Companies, Mumbai, effective 25th April 2025. As a result, Mihani Trading has ceased to be a subsidiary of the company. The subsidiary had nil turnover and a negligible net worth of just ₹0.40 lakhs as of 31st March 2024, indicating it was an inactive entity. The company had earlier intimated on 28th January 2025 that the subsidiary had applied in Form STK-2 for voluntary strike-off.
This is a routine housekeeping action with no material financial impact on the parent company, as the subsidiary had no revenue and negligible net worth. Shareholders and the stock price are unlikely to be affected.