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Suraj Products Limited has established a new wholly-owned subsidiary, SURAJ IRON & STEEL MANUFACTURERS L.L.C.-S.P.C., incorporated in Dubai, UAE.

Suraj Products Ltd518075 · Filed with the exchange

This new entity is set to operate in the manufacturing of Ferro Alloy and Iron & Steel, including Green Steel, indicating a strategic expansion for the company.

Suraj Products holds 100% of the subsidiary's equity, with a subscribed capital of AED 150,000. While the subsidiary is newly formed and yet to commence operations, this move signifies the company's entry or expansion into the steel manufacturing sector.

Read the original filing(PDF)

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