WAAREE Energies announces that its wholly-owned subsidiary, Rasila International Pte Ltd, incorporated in Singapore, has been struck off from the Accounting & Corporate Regulatory Authority effective August 09, 2025. Consequently, Rasila International Pte Ltd has ceased to be a subsidiary. The company has provided details as per stipulated regulations, confirming compliance. The subsidiary was a dormant entity, with no financial impact.
Singapore Subsidiary Closure
WAAREE Energies Ltd. has announced the cessation of operations for its wholly-owned subsidiary, Rasila International Pte Ltd, based in Singapore. The subsidiary was officially struck off from the records of the Accounting & Corporate Regulatory Authority on August 09, 2025.
Details of the Closure
Rasila International Pte Ltd. was a dormant entity, and its closure has minimal impact on WAAREE Energies. There were no transactions or ongoing projects associated with the subsidiary at the time of closure. The subsidiary contributed no turnover, revenue, income, or net worth in the last financial year (2024-25). The effective date of this change is August 09, 2025.
Compliance Information
WAAREE Energies has confirmed that the closure of Rasila International Pte Ltd complies with all regulatory requirements. The company has provided the necessary disclosures and affirms that the transaction does not involve any related parties or require special considerations.
Source: BSE
