Chemfab Alkalis Ltd
Chemfab Alkalis Expands into OPVC Pipes & Fittings with New Subsidiary 🏭
- Chemfab Alkalis Limited has incorporated a wholly owned subsidiary, Chemfab Hiitech Piping Limited (CHPL).
- CHPL was registered on 28th October 2025 and will focus on manufacturing, trading, and exporting OPVC pipes & fittings for agricultural and industrial use.
- Initial investment in CHPL is ₹5,00,000, with Chemfab Alkalis holding 49,994 shares and six others holding 1 share each as nominees.
- The subsidiary is 100% owned by Chemfab Alkalis and operates at arm's length (no related-party transactions).
- CHPL has not yet started operations, and its current turnover is NIL.