Vishnu Chemicals experienced a positive trajectory with a 1 percent gain in shares on November 24 following the establishment of a subsidiary in Dubai.
However, as of 12:07 pm, the shares showed a marginal decline, trading 1.35% lower at ₹318.70.
The company broadened its global presence by incorporating Vishnu International Trading FZE in Dubai, UAE, as per the notification to the exchange on November 23.
This strategic initiative is geared towards intensifying efforts in the distribution, transmission, and sale of chemicals. The creation of Vishnu International Trading FZE represents a pivotal step in the company’s expansion strategy, capitalizing on Dubai’s stature as a prominent business hub for international trade.
