Narmada Agrobase Limited incorporated a wholly owned subsidiary, Narmada Bio Feed Private Limited, on May 6, 2026.
The subsidiary will operate in the cattle feed industry, focusing on bio feed production, agro-processing, and renewable energy from waste.
The initial capital subscription was ₹1 lakh for 10,000 shares, resulting in 100% ownership by the listed entity.
No governmental or regulatory approvals were required for this incorporation, as per the disclosed information.