Pritika Auto’s subsidiary, Pritika Engineering Components Ltd., plans to invest up to USD 100,000 to acquire 100% ownership of Omnia Engineering Inc., a newly incorporated US entity.

This move aims to tap growth opportunities in the US manufacturing/trading market for engineering components.

Omnia will become a fully owned step-down subsidiary, marking Pritika’s first direct presence in the US, potentially expanding its global footprint and future revenue streams.

No operational or financial performance details are available as Omnia is yet to start operations.