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EQUITY - MARKET SCREENER

Restile Ceramics Ltd
Industry :  Ceramics - Tiles / Sanitaryware
BSE Code
ISIN Demat
Book Value()
515085
INE298E01022
-3.1836186
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
N.A
0
77.64
EPS(TTM)
Face Value()
Div & Yield %
0
10
0
 

Greenlam Industries announces acquisition of balance 33% in its Indonesian subsidiary
Apr 06,2026

Greenlam Asia Pacific, a wholly owned subsidiary of Greenlam Industries in Singapore (Singapore subsidiary) and Greenlam Industries SDN. BHD., a wholly owned subsidiary of Singapore subsidiary in Malaysia (Malaysia subsidiary), have jointly acquired the entire 33% local shareholding of PT. Greenlam Indo Pacific, a subsidiary of Singapore subsidiary in Indonesia (Indonesia subsidiary/ target entity ).

The Singapore subsidiary earlier held 67% shareholding in the target entity. Pursuant to the above acquisition, the collective shareholding of Singapore subsidiary and Malaysia subsidiary now stands at 100%. Consequently, the target entity has become a wholly owned (step-down) subsidiary of Greenlam Industries.