Chambal Fertilizers & Chemicals Limited (CHAMBLFERT) informed that its US-based wholly-owned downstream subsidiary, ISGN Corporation (ISGN, USA), is undergoing dissolution.
The Board of Directors of ISGN, USA approved the dissolution on June 23, 2025, subject to approval from its shareholders and other requisite approvals.
ISGN, USA currently has no business operations.
For the Financial Year 2024-25, ISGN, USA's income was ₹4.23 Lakhs, which is 0.0003% of the Company's consolidated income for FY25.
As of March 31, 2025, ISGN, USA's net worth was ₹(6238.58) Lakhs, representing (0.7161%) of the Company's consolidated net worth as of the same date.