Emami sets up new subsidiary in Dubai for business purposes

16 Feb 2022 , 01:05 PM

Emami Limited informed the exchanges Tuesday that Emami International FZE, Dubai a wholly-owned Subsidiary of the company has set up a new wholly-owned Subsidiary ‘Emami International Personal Care Trading LLC’ in Dubai for its business purposes.

Emami International Personal Care Trading LLC is the Step-down Subsidiary of Emami Limited.

At around 1.07 pm, Emami Ltd was trading at Rs497.05 per share up by Rs0.85 or 0.17% from its previous closing of Rs496.20 per share on the BSE.

The scrip opened at Rs493.20 and has touched a high and low of Rs501.05 and Rs493.20 respectively.