Incorporation of an overseas wholly owned subsidiary in the United Kingdom
Cargosol Logistics has incorporated a wholly owned subsidiary, Cargosol UK Limited, in the United Kingdom, under the Registrar of Companies for England and Wales.
By ScoutQuest · · 1 min read
- Subsidiary Incorporated
- Cargosol UK Limited, in the United Kingdom, under the Registrar of Companies for England and Wales
- Date of Incorporation
- 12th October 2026
- Holding
- 100%, via subscription to ordinary shares
The company has informed the exchanges that it has set up a new wholly owned subsidiary overseas.
Subsidiary at a glance
- Name: Cargosol UK Limited
- Incorporated under the law of the United Kingdom, under the jurisdiction of the Registrar of Companies for England and Wales
- Date of incorporation: 12th October 2026
- Industry: Logistics Industry
Why it has been set up
- The stated object is to undertake the Logistic business and other allied activities.
- This is in the same line of business as the listed company, which operates in the logistics space.
Ownership and consideration
- The new entity is a 100% wholly owned subsidiary of Cargosol Logistics Limited.
- The consideration is by way of a subscription to the ordinary shares of the proposed company.
- The incorporation is approved by the Registrar of Companies for England and Wales.
Other points from the disclosure
- The entity is newly incorporated, and its turnover for the last 3 years is stated as Not Applicable.
- In response to the related party transaction query in the disclosure, the company has stated that the intimation relates to the incorporation of a wholly owned subsidiary of Cargosol Logistics Limited.
How to read this
- Setting up an overseas subsidiary expands the group's corporate presence into the United Kingdom and is a step in building its logistics operations there.
- The ownership of the new entity sits entirely with the listed company, so any future business done by it flows through the group.
- Because the subsidiary has just been incorporated, its business and financial contribution would build up over time.
Also from Cargosol Logistics
Board Appoints Charmi Monil Shah as Additional Non-Executive Independent Director for Five Years
29 Sep 2026
More numbers
- Shareholding / control in the new subsidiary100%
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