Subsidiaries

WHOLLY OWNED FOREIGN & INDIAN SUBSIDIARIES

Updated: 01-07-2019

Jasch (North America) Co. ("JNAC")  was incorporated in the United States of America as a wholly owned subsidiary of Jasch Industries Ltd   in accordance with laws of that country.  Jasch Industries Ltd  has  disinvested its entire shareholding in  JNAC and repatriated the proceeds thereof. Consequently, w.e.f. 01-07-2020, JNAC and  INDEV Gauging Systems Inc ("INDEV" - which was a wholly owned subsidiary of JNAC), have ceased to be  subsidiaries of Jasch Industries Ltd. The Financial Statements of INDEV have been consolidated with those of JNAC upto 30-06-2019.  In turn, financial statements of JNAC have been consolidated with those of Jasch Industries Ltd upto 30-06-2019.

In addition, the Company had an Indian wholly-owned Indian Subsidiary i.e. Jasch Automation Ltd. ("JAL").   Financial Statements of  JAL were  also consolidated with those of Jasch Industries Ltd, in accordance with laws applicable in India from time to time.  JAL has applied for striking off its name from the Register of Members.