Elgi Rubber Company’s subsidiary dissolved after being inoperative for five years

Registrar of Companies, Coimbatore has struck off Titan Tyrecare Products LLP name after Elgi Rubber had applied for the same last December.

Dec 01, 2020 10:12 IST India Infoline News Service

Elgi Rubber Company Limited informed the exchanges Saturday that Registrar of Companies, Ministry of Corporate Affairs, Coimbatore, vide his notice dated November 27, 2020 has informed that the name of Titan Tyrecare Products LLP, wholly owned subsidiary of the company, has been struck off from the Register and the said LLP is dissolved.

Last December the company had submitted the application to the Registrar of Companies, Coimbatore in the prescribed LLP Form No.24 for striking off Titan Tyrecare Products name as it was inoperative for five years.

Ata round 10.45 am, Elgi Rubber Company was trading at Rs18.60 per piece down by Rs0.25 or 1.33% from its previous closing of Rs18.85 per piece on the BSE.

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