Satchmo Holdings has received approval to incorporate wholly owned Subsidiary of the Company (Private Company) with the proposed name of ‘Satchmo Foods’ or any other name as may be approved by ROC to promote the new business of Manufacturing, Supply, Distribution of Food Products and Services.
The company has also received approval to incorporate wholly owned Subsidiary of the Company (Private Company) with the proposed name of ‘Satchmo Services’ or any other name as may be approved by ROC to promote the new business of facility management services.
This strategic move to incorporate wholly owned subsidiaries shall help the Company in venturing into new business opportunities and leverage the growth of the Company in its new segments. The board of directors of the Company at its meeting held on January 15, 2025 has, inter-alia considered and approved the same.
Satchmo Holdings is a real estate developer and has recently changed its objects and has added new lines of business.
