Growington Ventures Approves USD 152,183 Investment In Dubai Subsidiary

Board approved transfer of USD 152,183 to its wholly owned Dubai subsidiary, Elementures Foodstuff Trading LLC, for allotment of 560 shares at AED 1,000 each, and authorised two directors to complete the formalities. This is a follow-on capital infusion into the company’s overseas fruit-trading subsidiary, which has remained loss-making recently; it supports the group’s international trading expansion. The filing does not disclose the funding purpose beyond share allotment, valuation, expected returns, or a timeline for the subsidiary to achieve profitability.