Aayush Wellness (BOM: 539528) has incorporated Aayush Worldwide as a wholly owned subsidiary with an initial capital of 2.5 million Indian rupees, divided into 250,000 equity shares, according to a Tuesday filing with the BSE.
The move aims to drive Aayush Wellness' expansion into the international wellness and nutraceutical export market.
Aayush Wellness said it has fully subscribed to Aayush Worldwide's 250,000 equity shares.
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