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India Glycols incorporates wholly owned subsidiary
Nov-27-2024

India Glycols has incorporated ‘IGL Spirits’ as its wholly owned subsidiary (WOS) company. The WOS company will carry on business of Spirits and related products. The company will initially subscribe to 10,000 equity shares at face value of Rs 10 each aggregating to Rs 1,00,000 in cash. Upon allotment of shares, the new wholly owned subsidiary would be a related party to the company. 

India Glycols manufactures Industrial Chemicals such as green technology based bulk, specialty and performance chemicals and natural gums and industrial gases; Ethyl Alcohol (Potable) and nutraceuticals.


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