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Kasturi Metal Composite forms Durafloor MENA LLC in Dubai with AED 5.1 million investment
03-Nov-2026, 07:12

Kasturi Metal Composite Limited announced that its board approved the incorporation of a majority-owned foreign subsidiary, Durafloor MENA LLC, in Mainland Dubai, United Arab Emirates. The company will subscribe to 51% of the subsidiary's paid-up share capital, totaling AED 5,10,000, equivalent to approximately Rs 1.32 crore, and the incorporation is expected to be completed within 90 to 120 days.