The board of directors of the company at its meeting held today i.e., 11th December, 2025 considered and approved to incorporate a wholly owned subsidiary in United Arab Emirates (UAE) ....
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Virat Industries Ltd's board, meeting on 11th December 2025, approved the incorporation of a wholly owned subsidiary in the UAE named BRHAM HOLDING FZ-LLC. The company will invest up to AED 18,363,000 (approximately USD 5 million) in one or more tranches, funded entirely through cash. The new subsidiary is intended to help the group expand its business in the Middle East region. It has not yet commenced operations and there is no turnover to report. The investment is expected to be completed within 4–6 weeks and does not constitute a related-party transaction.
This is a modest overseas expansion move (around ₹42–45 crore equivalent) to set up a foothold in the Middle East. It signals management's intent to grow internationally, but since the subsidiary is not yet operational, there is no immediate impact on revenue or earnings. Shareholders should watch for further updates on business activities from the new entity.