Shares of Nahar Industrial Enterprises Ltd edged over 2% higher on Thursday, Dec 11, after the company announced the incorporation of a new wholly owned subsidiary, Oswal Silchar Logipark Private Limited. The stock was seen trading at ₹108.50, compared to the previous close of ₹106.31 on the NSE.
According to the company’s regulatory filing, the subsidiary was incorporated on December 10, 2025, with an authorised and paid-up share capital of ₹1 lakh, divided into 10,000 equity shares of face value ₹10 each. Nahar Industrial Enterprises has subscribed to all 10,000 shares, giving it 100% ownership and control in the new entity.
Oswal Silchar Logipark Private Limited has been formed to carry out warehousing and storage operations, marking an expansion of Nahar Industrial Enterprises beyond its existing lines of business. The subsidiary is yet to commence operations and currently has no turnover, as disclosed in the filing.
The company confirmed that the subscription amount of ₹1 lakh is payable in cash and will be made shortly. The incorporation has been undertaken in compliance with Regulation 30 of SEBI’s LODR Regulations, and all required disclosures have been filed as per applicable SEBI circulars.
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