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Nahar Industrial Enterprises Incorporates Wholly Owned Subsidiary 'Creative Logipark'
Nahar Industrial Enterprises Limited
January 19, 2026, 12:37 PM
Nahar Industrial Enterprises Limited has incorporated a wholly owned subsidiary, CREATIVE LOGIPARK PRIVATE LIMITED. The subsidiary will focus on warehousing and storage. It has a paid-up capital of ₹1,00,000 and is 100% owned by the parent company. The transaction was completed on January 19, 2026.
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Nahar Industrial Enterprises Limited has announced the incorporation of its wholly owned subsidiary, CREATIVE LOGIPARK PRIVATE LIMITED. The new entity has an authorized and paid-up share capital of ₹1,00,000, with Nahar Industrial Enterprises Limited subscribing to 10,000 equity shares of ₹10 each at par, acquiring 100% control.
CREATIVE LOGIPARK PRIVATE LIMITED is established to carry on the business of warehousing and storage. The subsidiary is a related party to the parent company, but promoters and promoter groups do not have any interest in this transaction, which is conducted at arm's length. The subsidiary has a share capital of ₹1,00,000 and a turnover of Nil as it is yet to commence operations. The acquisition is considered a cash transaction, with the payment made on January 19, 2026.
This incorporation is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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