Shree Pushkar expands international footprint with Bangladesh subsidiary

Shree Pushkar Chemicals & Fertilisers Ltd. announced today, November 24, 2025, the incorporation of its new subsidiary, Dyecol Bangladesh Limited (DBL), in Bangladesh. This move is aimed at establishing a representative and marketing office for the company in the region.

DBL's authorized share capital is BDT 1,00,00,000, divided into 1,00,000 ordinary shares of BDT 100 each. Shree Pushkar has subscribed to 6,050 ordinary shares, constituting 98.04% of DBL's share capital, for BDT 6,05,000. This subscription was discharged in cash and does not fall under related party transactions for Shree Pushkar.

The new subsidiary will focus on the dyes and dyes intermediates industry. The establishment of DBL marks a strategic step for Shree Pushkar to enhance its market presence and operations in Bangladesh.