Hariom Pipe Industries has approved the incorporation of a new subsidiary, Metal Mart Private Limited, to be engaged in the trading of metal and steel-allied products.

Jan 08, 2026

Hariom Pipe Industries Ltd. has approved the incorporation of a new subsidiary, Metal Mart Private Limited, to be engaged in the trading of metal and steel-allied products. The company will hold 70% of the share capital, and any transactions with the new subsidiary will be conducted on an arm’s length basis. The incorporation is expected to be completed within 10–20 days, subject to regulatory approvals. 

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The incorporation of the proposed subsidiary aligns with the Company’s strategic goal of expanding its existing business.