Carysil Limited has filed a regulatory disclosure regarding the dissolution of Carysil Brassware Limited, a wholly owned subsidiary of Carysil UK Limited and consequently a wholly owned step-down subsidiary of Carysil Limited, incorporated in the United Kingdom.
The dissolution was effected under the applicable provisions of the UK Companies Act, 2006 and became effective from June 09, 2026. Consequently, Carysil Brassware Limited ceased to be a step-down subsidiary of Carysil Limited with effect from this date.
Financial Impact Assessment
As per the annexed details required under Regulation 30:
- The contribution of Carysil Brassware Limited to the consolidated turnover of Carysil Limited during the last financial year (March 2026) was approximately Nil.
- The contribution to the consolidated net worth during the same period was approximately Nil.
Transaction Details
The dissolution was effected through a voluntary strike-off process under UK law. The disclosure confirms that:
- No agreement for sale was entered into (Not Applicable)
- No consideration was received (Not Applicable)
- The transaction does not involve any buyer (Not Applicable)
- The transaction is not a related party transaction (Not Applicable)
- The transaction does not qualify as a slump sale (Not Applicable)
- The disposal is not part of any Scheme of Arrangement (Not Applicable)
The disclosure was signed by Reena Shah, Company Secretary & Compliance Officer of Carysil Limited, on June 09, 2026 at 14:45:43 IST.