GEM Enviro Management Limited has announced the incorporation of a Wholly Owned Subsidiary (WOS), GEM Green Infra Tech Private Limited, to enhance its focus on sustainability-driven infrastructure solutions. The decision was approved by the company’s Board of Directors on March 7, 2025, as per regulatory disclosures.
Key Highlights of the New Subsidiary
- Name: GEM Green Infra Tech Private Limited
- Authorized Share Capital: ₹10,00,000
- Paid-up Share Capital: ₹7,60,000
- Industry: Sustainability Infrastructure Solutions
- Ownership: 100% owned by GEM Enviro Management Ltd.
- Approval Required: Ministry of Corporate Affairs (MCA)
- Completion Timeline: Expected incorporation by April 15, 2025
The company disclosed that the WOS will align with its existing business activities and will not deviate from its core operations. The objective behind this move is to enhance sustainability-focused infrastructure solutions and expand GEM’s portfolio in green technologies.
This development marks a strategic move for GEM Enviro, reinforcing its commitment to environmental sustainability and innovative waste management solutions. The company’s shares could see investor interest following this expansion into green infrastructure solutions.