DVL USA INC.
DVL USA INC. was incorporated as a new wholly owned subsidiary is the subsidiary of the Company incorporated on 1st October, 2021 in United States (U.S) having its registered office at 251 Little Falls Drive, City of Wilmington, 19808, Country of New Castle, State of Delaware for exploration and expansion of the Cupcake Business in the U.S. Market. The Company is holding 72.33% shares in DVL USA INC.
Twelve Cupcakes Pte Ltd. (subsidiary of the Company) is holding 27.67% shares in DVL USA INC.
DVL USA INC has become the subsidiary of the Company w.e.f the said date.