Tag: Subsidiary
MANUFACTURING Phoenix Mills Proposes Merger Of Truevalue Infrabuild With SGH Realty

Truevalue Infrabuild Pvt Ltd (TVIP), a step-down subsidiary of The Phoenix Mills Ltd, has proposed to amalgamate with SGH Realty Pvt Ltd as a going concern, as part of a restructuring exercise aimed at simplifying the group’s business structure and improving operational efficiency. SGH Realty is a subsidiary of Phoenix Mills and the holding company […]

CW Bureau · Oct 15, 2026
RETAIL/FMCG Lenskart Sets Up Step-Down Entity Through Its Joint Venture In China

Lenskart Solutions Ltd has incorporated a step-down subsidiary in China through its joint venture Baofeng Framekart Technology Ltd (BFT), strengthening its sourcing and trading capabilities in the optical products market. The new entity, Wenzhou Framekart Trade Co. Ltd, will undertake trading, import, export and procurement of spectacle frames and allied optical products, along with related […]

CW Bureau · Aug 18, 2026