NACL Industries informed the exchnage that it had incorporated a subsidiary, NACL Agri-Solutions Private Limited (‘NASPL’) with an authorised share capital of Rs.1,00,00,000/- divided into 1,00,00,000 equity shares of Re.1/- each.
NASPL is 100% Wholly owned Subsidiary of M/s. NACL Industries Limited (Company)
The Subsidiary was incorported to manufacture various chemical products, mainly pesticides and related/ ancillary products.