Manali Petrochemical has informed that, its overseas step-down subsidiary Pennwhite, UK has incorporated a 100% subsidiary Company in India viz., Pennwhite India (CIN: U20299TN2024PTC167348). The certificate of incorporation from Ministry of Corporate Affairs was received on 08th February 2024. With this incorporation, Pennwhite India has become step-down subsidiary of the Company.
The above information is a part of company’s filings submitted to BSE.