Shree Cement incorporates two step-down subsidiaries in Dubai

Shree Cement in a filing to BSE has informed that Shree Global FZE its wholly owned subsidiary located in Jabel Ali Free Zone, Dubai, UAE has incorporated two step-down subsidiaries. These subsidiaries – Shree Enterprises Management and Shree International Holding   are situated in Dubai International Financial Centre, Dubai, UAE. Both these companies are 100% beneficially held by Shree Global FZE.

Both these incorporated companies will act as investment companies for acquiring controlling stake in other companies in UAE.

@EPC World Media