SG Mart has incorporated a wholly owned subsidiary in Jebel Ali Free Zone, Dubai in the name of ‘SG Mart FZE’. SG Mart FZE is incorporated with the object to expand its trading of building material products business in Dubai. SG Mart FZE is newly incorporated company and is yet to commence its business operations. The cost of acquisition is 50000 UAE Dirham being the initial paid-up share capital.
SG Mart, formerly Kintech Renewables, is an Independent Power Producer Company engaged in the business of power generation, electric power, light and supply and to generate and accumulate electric power and renewable energy i.e. wind, solar. Kintech Headquarter is based in Ahmedabad (India).