The Company has a wholly owned foreign subsidiary i.e. Jasch (North America) Co. ("JNAC"), which is incorporated in the United States of America in accordance with
laws of that country. Another entity i.e. INDEV Gauging Systems Inc ("INDEV"), also incorporated in USA, is the wholly owned subsidiary of JNAC.
The Financial Statements of INDEV are consolidated with those of JNAC.
In addition, the Company has a wholly-owned Indian Subsidiary i.e. Jasch Automation Ltd. ("JAL") which was incorporated on 16-02-2016.
Financial Statements of JNAC, INDEV and JAL are consolidated with those of Jasch Industries Ltd, in accordance with laws applicable in India from time to time.
