Amir Chand Jagdish Kumar (Exports) has received approval to promote and incorporate a wholly owned subsidiary under the name and style ‘Aeroplane FMCG’ or such other names as may be approved by the concerned authorities in Singapore (subsidiary company) subject to necessary compliances and reporting under the Companies Act, 2013. The board of directors of the company, at their meeting held on May 02, 2026, has inter alia, considered and approved the same.

The company shall subscribe 100% of the total paid up share capital, voting rights and beneficial ownership in the subsidiary company and accordingly shall subscribe 500 Shares of face value of $1 each of the subsidiary company. The proposed company shall carry out the activities related to dealing in Rice and Fast-Moving Consumer Goods (FMCG) Products. The said Investment is within the limits prescribed under Section 186(2) of the Companies Act, 2013.

Amir Chand Jagdish Kumar (Exports) is a processor and exporter of basmati rice and other FMCG products in India.