Key Details of Subsidiary

  • Name: MANORAMA SAVANNAH AGRO CHAD SARL
  • Date of Incorporation: Monday, July 20, 2026
  • Location: Republic of Chad
  • Certificate Received: July 20, 2026 (evening)

Capital Structure

  • Authorized Capital: CFA 10,000,000
  • Paid-up Capital: CFA 10,000,000
  • Turnover: Not Applicable (newly incorporated company)

Ownership and Acquisition Details

  • Percentage Acquired: 100% subscription by Manorama Industries Limited
  • Consideration: Cash subscription to initial paid-up capital
  • Acquisition Cost: CFA 10,000,000 (CFA One Crore only)
  • Completion Period: Not Applicable

Transaction Nature

  • The incorporated company is a Wholly Owned Subsidiary (WOS) of Manorama Industries Limited
  • Classified as a related party transaction
  • Promoter/Promoter Group have no interest in the transaction beyond the WOS relationship
  • Future transactions with the WOS will be conducted on an arm's length basis

Regulatory Approvals

  • Incorporation done as per laws applicable in Republic of Chad
  • No additional governmental or regulatory approvals mentioned as required

Business Background

  • Newly incorporated company with no historical turnover data
  • No specific business line or products disclosed for the subsidiary

Financial Impact

  • Cash outflow of CFA 10,000,000 for subscription to paid-up capital
  • No additional financial impact quantified in the disclosure