Mayur Uniquoters has invested in Mayur Uniquoters SA, newly incorporated in Republic of South Africa by way purchase of 10,000 shares at ZAR 1 each i.e. ZAR 10,000 equivalent to 100% paid up capital of the Mayur Uniquoters SA. Post completion of this purchase of shares, Mayur Uniquoters SA will become Wholly Owned Subsidiary of Mayur Uniquoters. The objective of this acquisition is to expand the business in retail and wholesale market in South Africa.
Mayur Uniquoters is a tech enterprise and has been a resounding success in the field of superior quality synthetic leather in India.
