Embassy Developments Limited Completes Voluntary Strike-off of Non-operational Subsidiary Lenus Constructions Limited
Published on: March 10, 2026, 9:49 p.m. | Source: scanx.trade
Embassy Developments Limited has completed the voluntary strike-off of its non-operational step-down subsidiary Lenus Constructions Limited, effective March 09, 2026. The dissolution was part of the company's corporate structure simplification initiative to reduce administrative and compliance costs. LCL had nil contribution to the parent company's financial performance and the transaction does not qualify as a sale or disposal of any business unit.
