Gulshan Polyols incorporates subsidiary in Dubai

9:46 AM, 13th September 2021
Gulshan Polyols Ltd has incorporated a wholly owned subsidiary Gulshan Overseas - FZCO in Dubai to expand its business globally. Shown here is Gulshan Polyols Ltd's Muzaffarnagar plant in Uttar Pradesh, India. (File Photo)

MUMBAI, INDIA: Gulshan Polyols Limited (GPL) has incorporated a wholly owned subsidiary Gulshan Overseas - FZCO in Dubai Silicon Oasis Authority for expanding its business globally.

The wholly owned subsidiary will expand the current business of the company and explore global business opportunities as well.

Gulshan Polyols will focus on basic industrial chemicals trading, petrochemicals trading and commercial brokers. The paid-up share capital of the wholly owned subsidiary is AED 100,000 divided into 10.000 shares of AED 10 each.

Gulshan Polyols Limited is a market leader in most of its products in India with global presence in 35 countries. Its business portfolio covers starch sugars, native starches, calcium carbonate, agro based animal feed, alcohol business and on-site PCC plants.

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