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Subsidiaries
In order to expand its scale of operations and have a global presence, GRSL set up two wholly owned subsidiaries in Mauritius and Singapore.
Maurigo International Limited
Maurigo International Limited is a wholly owned subsidiary of Gokul Refoils & Solvent Ltd (GRSL). Mauritius Subsidiary procures raw material and trades in commodities.
The Company was incorporated in the Republic of Mauritius on 20 October 2003 as a private company limited by shares. The Company has obtained a Global Business License Category 2 under the Financial Services limited Development Act 2001.
The principal activity of the Company is commodity trade in Chicago Board of Trade (CBOT) and the Malaysia Derivatives Exchange (MDEX), Kuala Lumpur, Malaysia.
Maurigo Pte Limited
Maurigo Pte Limited is a wholly owned subsidiary of Gokul Refoils & Solvent Ltd( GRSL).The Singapore subsidiary, procures raw material and trades in commodity.
Maurigo Pte Limited was incorporated on 1st September 2006 in Republic of Singapore. The company is engaged in commodity business in south Asia pacific region. It focuses on small Markets in Malaysia, Indonesia, Philippines, South Korea, China and Vietnam. Maurigo Pte Limited deals in Palm Oil, Mustard/ Rapeseed, Castor and Soya bean derivatives and products.
Professional Commodity Services Pvt Ltd.
Professional Commodity Services Pvt Ltd (PCSPL) is a wholly owned subsidiary of GRSL (Gokul Refoils & Solvent Ltd). PCSPL is an active member of
NCDEX
National Commodity & Derivatives Exchange Ltd and mainly takes care of hedging operations.
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