Vishnu Chemicals Limited submitted a regulatory filing to BSE Limited and National Stock Exchange of India Limited regarding the ongoing closure process of its wholly owned subsidiary, Vishnu International Trading FZE, UAE.
The disclosure serves as an update to previous communications made on July 23, 2025, October 27, 2025, and March 27, 2026 concerning the subsidiary's voluntary winding-up. The company reported that the winding-up process is still underway and has taken longer than originally anticipated to complete.
The delay is attributed to certain administrative and procedural formalities along with external factors, though these are not specified in detail. The company now expects the winding-up process to be completed within a further period of approximately six months from the date of this disclosure.
The filing was signed by Vibha Shinde, Company Secretary & Compliance Officer, and is also available on the company's website at www.vishnuchemicals.com.