Announced Tue, 11 Aug · 18:51 IST
Vaxfab Enterprises forms wholly owned subsidiary in UAE
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹64.95
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.6+0.5-6.1-2.2-4.5+7.0+0.2+0.1——
Up moveDown movePending
AI summary
Vaxfab Enterprises has incorporated a wholly owned subsidiary named Al Rafa Enterprise FZ-LLC in UAE's Ras Al Khaimah Economic Zone, incorporated on August 6, 2026 with 100 percent shareholding. The new entity will engage in seeds trading, packaging materials trading, plastic and nylon raw materials trading, IT consulting, and general trading. Initial capital will be in cash at AED 1,000 per share. Business operations are yet to commence.
Likely market impact
Mildly positive; signals international expansion into UAE trading and IT services. No immediate financial impact as operations not yet started.