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Ashapura Minechem Ltd ( (IN:ASHAPURMIN) ) has provided an announcement.
Ashapura Minechem Ltd has announced the acquisition of the entire equity share capital of Ashapura Holdings (UAE) FZE, a step-down subsidiary, for AED 3,000,000. This acquisition is part of the company’s internal restructuring efforts to streamline operations and realign its organizational structure in the UAE. The transaction will result in Ashapura Holdings (UAE) FZE becoming a direct wholly-owned subsidiary of Ashapura Minechem Ltd, enhancing its strategic positioning and operational efficiency in the region.
More about Ashapura Minechem Ltd
Ashapura Minechem Ltd operates in the investment and business consultancy industry, focusing on leveraging its own resources for strategic growth. The company is involved in internal restructuring and organizational realignment, particularly in the UAE market.
Average Trading Volume: 59,057
Technical Sentiment Signal: Buy
Current Market Cap: 63.97B INR
For a thorough assessment of ASHAPURMIN stock, go to TipRanks’ Stock Analysis page.