Oswal Greentech Ltd

Oswal Greentech Ltd

Oswal Greentech Ltd has announced the board's approval for the incorporation of a 95% owned subsidiary in Dubai, UAE, to undertake real estate development and property business internationally. The initial investment by Oswal Greentech will be AED 38 million out of a total AED 40 million, subject to various regulatory approvals. Separately, the company informed about the immediate resignation of its internal auditor, M/s Siddharth S. Kothari & Co., citing personal reasons.

Oswal Greentech Ltd

Oswal Greentech Ltd announced the incorporation of a new subsidiary in Dubai, UAE, for Real Estate Development and Property Development, signifying an international business expansion. The company will hold a 95% stake in the subsidiary with an initial investment of AED 40 Million. Concurrently, the company also disclosed the resignation of its internal auditor, M/s Siddharth S. Kothari & Co., citing personal reasons.