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Genus Paper -; Boards forms wholly-owned subsidiary; Stock gains 1%

9 Mar 2022 , 03:00 PM

Stock Market Trader, Stock Trader, Trading

Genus Paper & Boards Limited has informed to the exchanges regarding intimation for Incorporation of 100% Wholly owned subsidiary-`Kailash Waste Solutions Private Limited’.

A company in the name of ‘Kailash Waste Solutions Prvate Limited’ has been incorporated in India on March 09, 2022 as 100% Wholly Owned Subsidiary of Genus Paper & Boards Limited (the Company). The Company has subscribed initial capital of 10,000 Equity Shares of Rs. 10/- each aggregating to Rs. 1,00,000/- in Wholly Owned Subsidiary.

At around 3:04 PM, Genus Paper & Boards was trading at Rs12.91 per share higher by 1.10% on the BSE.

Related Tags

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  • Genus Paper & Boards Limited
  • Genus Paper & Boards Limited shares
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