Thejo Engineering has incorporated ‘TE GLOBAL FZ-LLC’ (TE Global), at Ras AL Khaimah, UAE on October 25, 2023. The company shall be acquiring the entire share capital of TE Global and it will become a wholly-owned subsidiary upon such acquisition. The Company has committed to subscribe 1000 shares of United Arab Emirates dirham (AED) 1000 each totaling AED 1,000,000.
TE Global shall be selling various products that are being manufactured by Thejo Engineering to various customers in the Middle East and other nearby/related geographies. TE Global shall also be rendering related service activities.
Thejo Engineering is an Engineering Solutions provider for bulk material handling, mineral processing and corrosion protection to the core sector industries like mining, power, steel, cement, ports, fertilizers etc.
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