Shree Cement Approves Incorporation of Wholly Owned Subsidiary in Mauritius
Published on: March 17, 2026, 7:39 a.m. | Source: scanx.trade
Shree Cement Limited has received approval from its Business Operations Committee to incorporate a wholly owned subsidiary in Mauritius. The proposed company, Shree Cement (Mauritius) Limited, will engage in cement operations, blending, storage, packaging, and trading activities with an initial authorized capital of MUR 5,000,000. The subsidiary will be 100% owned through cash subscription, requiring no special regulatory approvals.
