Indokem Limited announced that the Registrar of Joint Stock Companies and Firms Bangladesh has approved incorporation of Foreign subsidiary of the Company in the name of "Indokem Bangladesh (Pvt.) Limited" on April 30, 2023. The Registrar, has issued a Certificate of Incorporation for the same. Proposed Share Capital: Bangladesh taka 8,00,000 which is equivalent to USD 7604.57.

The subsidiary company shall carry out business in the field of in Textile Chemicals including Sizing Chemicals, Auxiliaries, Dying and pigments etc.