Pacific Industries has incorporated two wholly owned subsidiaries in the name and style of ‘Gaze Fashiotrade’ and ‘Gist Minerals Technologies’. The company has acquired 99,994 equity shares of Rs 10- in each of two newly incorporated companies as the wholly owned subsidiary Company.
Pacific Industries, a flagship company of the Pacific Group, is one of the biggest quarry owners and processors of natural stones in India. Its products are blocks, slabs, and tiles cut to size.