Aarti Industries Limited announced that the Ministry of Corporate Affairs approved incorporation of Wholly Owned Subsidiary ("WOS") of the Company in the name of "Augene Chemical Private Limited" on May 18, 2023. -Authorized Capital: INR 1,00,00,000 divided into 10,00,000 equity shares of INR 10 each. Augene Chemical Private Limited is incorporated in India and Registered with Registrar of Companies, Ahmedabad on May 18, 2023 and is yet to commence its business operations.

The Registered Office of the Company is situated at Gujarat.