Nahar Industrial Enterprises to divest entire stake in subsidiary Oswal Silchar Logipark
Nahar Industrial Enterprises will divest its entire stake in wholly-owned subsidiary Oswal Silchar Logipark Private Limited. The subsidiary, incorporated on December 10, 2025, has a net worth of ₹1 lakh and nil turnover. The disposal is set for February 11, 2026, for ₹1 lakh.
The subsidiary had no turnover and a minimal net worth (₹1 lakh), indicating that its disposal will have a negligible impact on the overall financial health and operations of Nahar Industrial Enterprises Limited.
The decision to divest a subsidiary is a corporate action but does not appear to significantly impact the company's overall financial performance given the subsidiary's negligible contribution.
Nahar Industrial Enterprises Limited announced its decision to discontinue business operations in its wholly-owned subsidiary, Oswal Silchar Logipark Private Limited, which was incorporated on December 10, 2025. Consequently, the company will dispose of its entire shareholding in Oswal Silchar Logipark Private Limited, leading to it ceasing to be a wholly-owned subsidiary.
The subsidiary had a net worth of ₹1 lakh and contributed nil turnover or revenue in the last financial year. The disposal of the entire shareholding, comprising 10,000 equity shares of ₹10 each, is scheduled to take place on February 11, 2026, for a consideration of ₹1 lakh. The buyers are Mr. Jugjiven Singh and Mr. Om Prakash, who do not belong to the promoter or promoter group of Nahar Industrial Enterprises Limited. No specific agreement for sale, other than the transfer form (SH-4), has been entered into.
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Nahar Industrial Enterprises Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Nahar Industrial Enterprises Limited. Read the original for the full detail.