The board of directors of Growington Ventures India Limited in its meeting held on October 12, 2023, had discussed, considered, and approved that the company has incorporated a wholly owned subsidiary company named Elementures Foodstuff Trading LLC in Dubai UAE on October 11, 2023. Mr. Vikram Bajaj promoter of Growington Ventures India Limited manages the company from the date of its registration. Industry to which the entity being acquired belongs: Trading of food stuff.

Objects and effects of acquisition: The main object for which company was established for trading in various food products ranging from dates, foods and Beverages, spices, dried fruits and vegetables like potatoes etc. The business is not outside the main line of business of Growington Ventures India Limited. Effect of incorporation: Smoothening of the trading of goods around the world, to create Global Transportation network.