The company's Board has approved forming a new Wholly Owned Subsidiary, "L.K.

MEHTA GREEN PRIVATE LIMITED." This subsidiary will operate in the green and renewable energy sector, covering solar, wind, bio-energy, energy-efficient products, and plastic recycling.

L.K.

MEHTA POLYMERS will invest ₹1,00,000/- as initial capital.

This strategic move aims to diversify the company's business operations and tap into opportunities within the growing green and renewable energy market.