NSEUpdates9 Jul 2026 · 9 Jul 2026, 05:15 pm
Updates
Precot Limited · PRECOT
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Precot Limited has informed the Exchange regarding the incorporation of a new wholly owned subsidiary (WOS) in the United Arab Emirates.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Precot Limited has informed the Exchange regarding 'Incorporation of Wholly Owned Subsidiary in U.A.E'.
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PRECOT_09072026171456_SEDisclosure.pdf
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9th July, 2026
The Lis(cid:415)ng Department,
Na(cid:415)onal Stock Exchange of India Limited,
Exchange Plaza’, C 1, Block G,
Bandra – Kurla Complex, Bandra (E),
Mumbai 400 051.
Ref: Symbol - PRECOT
Subject : Announcement under Regula(cid:415)on 30 of SEBI (LODR) 2015, - Incorpora(cid:415)on of
Foreign Subsidiary
Dear Sir/Ma’am,
We are glad to announce that Precot Limited has incorporated a new wholly owned
subsidiary (WOS) in the name of “Precot Holdings Limited” in Jebel Ali Free Zone (JAFZA),
Dubai,United Arab Emirates.
The Board of Directors in its mee(cid:415)ng held on 2nd September 2025 had already approved
the incorpora(cid:415)on of wholly owned foreign subsidiary and was duly in(cid:415)mated to the
exchange as outcome of the board mee(cid:415)ng. The in(cid:415)ma(cid:415)on link is a(cid:425)ached for reference
h(cid:425)p://nsearchives.nseindia.com/corporate/PRECOT_02092025112022_BMOutcome20
92025.pdf
We hereby enclose an annexure containing material details of the new WOS for your
records.
Thanking you,
For Precot Limited
Achuth Menon M
Company Secretary
ACS Membership No.: A63980
Annexure – I
S.No Par(cid:415)culars Details
1. Name of the Wholly Owned Precot Holdings Limited
Subsidiary (WOS)
2. Country of Incorpora(cid:415)on Dubai, United Arab Emirates
3. Date of Incorpora(cid:415)on* 6th July, 2026
4. Registered Office of the WOS 805, Oxford Tower, Business Bay,
P.O.Box 126436, Dubai,U.A.E.
5. Objects of WOS To engage in interna(cid:415)onal business and investments inside and outside
UAE and any other ac(cid:415)vi(cid:415)es that may be conducted in accordance with
the Jebel Ali Free Zone Authority Offshore Companies Regula(cid:415)ons 2018,
as amended from (cid:415)me to (cid:415)me.
The company shall be en(cid:415)tled to the ac(cid:415)vi(cid:415)es of a holding companies,
i.e company that hold assets (owning controlling-levels of equity) of a
group of subsidiary corpora(cid:415)ons and whose principal ac(cid:415)vity is owning
the group.
The company shall be en(cid:415)tled to incorporate and/or purchase a stake
and/or own another company in whole or own shares in other
companies and/or commercial en(cid:415)(cid:415)es in any part of the World and/or
own any freehold property which will be accepted by Jebel Ali Free Zone
Authority.
Any other ac(cid:415)vi(cid:415)es that may be conducted in accordance with the Jebel
Ali Free Zone Authority Offshore Companies Regula(cid:415)ons 2018, as
amended from (cid:415)me to (cid:415)me.
6. Shareholding 100% by Precot Limited
*Precot Limited received all incorpora(cid:415)on documents on 9th July, 2026
For Precot Limited
Achuth Menon M
Company Secretary
ACS Membership No.: A63980