Roni Households Limited to form subsidiary

The Board of Directors of Roni Households Limited in their meeting held on Monday, December 26, 2022 at the registered office of the Company situated at Plot No. F - 55, ADDL. MIDC Area, Ajanta Road, Jalgaon - 425003, Maharashtra, have considered and approved the incorporation of a wholly owned subsidiary of the company namely Roni Agro Private Limited (WOS) by way of subscription of 10,000 (ten thousand only) shares of Rs. 10/- each in the paid-up share capital of the proposed company.

The wholly owned subsidiary will leverage the growth opportunities in the evolving mobility space by carrying the business of Manufacturing, exporters, importers, buyers, sellers, traders, distributors, stockists, franchise, commission agents, brokers, C and F agents and dealers for all type of agricultural Commodities products which including food grains, cereals, seed, oil seeds, plants, materials, flowers, vegetables, tissue culture, mushroom and edible oil seed products and prepare products of any nature or description whatsoever including processing, canning and packaging of fruits and vegetables, and to cultivate, grow, breed, improve, develop, sales, purchase, trading, import, export or otherwise deal in all kind of foundation seeds, certified seeds, truthful labeled seeds, research seeds, crop seeds, hybrid seeds, fodder seeds, vegetable seeds, flower seeds, plants seeds, agriculture products, food grains, vegetable and fruits, and all classes and kinds of fertilisers, organic fertilisers, inorganic fertilisers and to carry on business of farmers, horticultures, growers, seed producers or nurserymen, and to carry on the business of growing, processing, warehousing, trading, wholesaling, retailing, export, import & other related activities with respect to agriculture products like, food grains, pulses, vegetables, fruits, spices and other related products and dairy products.

Source : Equity Bulls

Keywords

RoniHouseholds Subsidiary RoniAgro