Yasho Industries incorporates wholly-owned subsidiary in Netherlands; Stock gains 1%

Yasho Industries Europe B.V. is incorporated in Netherlands on 29th June 2021 and is yet to commence its business.

Jul 01, 2021 12:07 IST India Infoline News Service

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Yasho Industries Ltd has informed that the company has incorporated a wholly-owned subsidiary company “Yasho Industries Europe BV" on June 29, 2021.

The Company subscribed to One Thousand shares of nominal value of One Euro (€ 1.00) each, aggregating to One Thousand Euro (€1000).

Yasho Industries Europe B.V. is incorporated in Netherlands on 29th June 2021 and is yet to commence its business.

At around 12:25 PM, Yasho Industries was trading at Rs432.50 per piece higher by 1.18% on Sensex.

Previously, the scrip was closed at Rs427.45 per piece.

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