Heranba Industries Limited has announced plans to establish a 100% Wholly Owned Subsidiary (WOS) in the United Arab Emirates (UAE). The decision was passed by the Board of Directors of its wholly-owned subsidiary, Mikusu India Private Limited, on January 14, 2026.

The proposed WOS will engage in the business of chemical products, including pesticides, insecticides, herbicides, fungicides, and weedicides. Heranba Industries plans to make an initial investment of up to ₹2.00 crore in this new entity. No specific government or regulatory approvals are required for the incorporation itself, although RBI approval will be necessary for the remittance of Outward Direct Investment (ODI) post-inception. The incorporation details of the WOS will be intimated to the exchange in due course.