Birla Cotsyn (India) Limited Closes Wholly Owned UAE Subsidiary
Published on: Feb. 24, 2026, 7:32 p.m. | Source: scanx.trade
Birla Cotsyn (India) Limited has closed its wholly owned subsidiary M/s. Birla Cotsyn (India) Limited FZE in UAE's Hamriyah Free Zone, effective September 29, 2025. The closure received board approval on September 1, 2025, and shareholder consent at the AGM on September 29, 2025. The subsidiary remained non-operational during the parent company's CIRP proceedings under the Insolvency and Bankruptcy Code, 2016, with no business operations or asset acquisitions during this period.
