FMCG firm Emami today said its wholly-owned subsidiary Emami UK Ltd has been dissolved.
“Emami UK Ltd, a wholly-owned subsidiary of the company, has been dissolved as per the provisions of the laws of United Kingdom,” Emami said in a BSE filing.
While the company did not elaborate on the reason for dissolving the UK firm, it clarified that “the said company was having insignificant business operations”.