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Subsidiaries

Introduction of subsidiaries
WAH INDUSTRIES LIMITED

Keeping in view to utilize the companys funds, WIL has made various joint ventures and invested its funds for the establishment of following subsidiary companies :-

  • Wah Nobel (Pvt) Ltd
  • Wah Brass Mills (Pvt) Limited
  • Hi-Tech Plastics (Pvt) Ltd
  • Attock Chemicals (Pvt) Ltd
  • Sanjwal Solar Power (Pvt) Ltd
  • Nobel Energy Limited
  • Wah Gezhouba (Pvt) Limited
  • Wah Clothing (Pvt) Limited
  • Shotgun Ammunition Factory
  • Packages Factory

WIL Subsidiaries
WAH NOBEL (PVT) LIMITED
  • Wah Bofors (Pvt) Limited was incorporated in 1962 in collaboration of WIL and SAAB Bofors AB, Sweden having shares equity ratio of 51.75 % and 48.25% respectively for the manufacturing of commercial explosives.
  • In 1986 the name of the company was changed as Wah Nobel (Pvt) Limited (WNL).
  • In 2001, M/s Almishal, Saudi Arabia purchased 21% shares of the company from SAAB (Bofors).
WAH NOBEL (PVT) LIMITED
  • Wah Bofors (Pvt) Limited was incorporated in 1962 in collaboration of WIL and SAAB Bofors AB, Sweden having shares equity ratio of 51.75 % and 48.25% respectively for the manufacturing of commercial explosives.
  • In 1986 the name of the company was changed as Wah Nobel (Pvt) Limited (WNL).
  • In 2001, M/s Almishal, Saudi Arabia purchased 21% shares of the company from SAAB (Bofors).
  • The latest position of share holding is as under :-
    Shares :
    WIL - 51.75%
  • SAAB (Bofors), Sweden - 27.25%
    Almishal, Saudia Arabia - 21.00%
WAH BRASS MILLS (PVT) LIMITED
  • The company was established by WIL in 2012 to enhance the production of brass products to meet the requirement of the market.
  • Existing A-40 Brass Mills of POF has been transferred to Wah Brass Mills (Pvt) Ltd through WIL to improve the quality of ammunition of POF and to refurbish / up-grade and modernize it. Additional machinery has also been procured and is being installed.
HI-TECH PLASTICS (PVT) LIMITED
  • Hi-Tech Plastics (Pvt) Limited was established in 1984 as joint venture between WIL & Alam Chemical Industries Ltd (ACI) with shares equity ration 49 : 51% respectively for the manufacturing of high quality plastic products of diversified nature on commercial lines required by POF, WIL & civil market. Assets of ex-Congothene Chemicals Industries Limited were transferred to the company.
ATTOCK CHEMICALS (PVT) LIMITED
  • Attock Chemicals was established in June 1976 as a joint venture between Pakistan Oilfield Limited (POL) and WIL for setting-up of a Sulphuric Acid Plant having equity ratio of 60 : 40 respectively.
SANJWAL SOLAR POWER (PVT) LTD
  • The company was established in 2011 as wholly owned subsidiary of WIL for installation of 5MW Solar Power Plant at POF Sanjwal on IPP mode.
  • Letter of Support has been issued to SSPL by the AEDB on 26-11-14.
  • Energy Purchase Agreement (EPA) and Implement Agreement (IA) are being finalized by AEDB.
NOBEL ENERGY LIMITED
  • The company has been established in 2014 by Wah Nobel (Pvt) Ltd. Now WIL & WNL have signed a JV agreement on 01-03-2015 with 50 : 50 equity ratio for installation of 1 MW Thin Film Solar Power Project.
WAH GEZHOUBA (PVT) LIMITED
  • Board of Directors of WIL of Wah Nobel accorded approval for setting up a joint venture with M/s Gezhouba Explosives Co. Ltd, China for the manufacturing of bulk and packaged Emulsion Explosives and ANFO to meet the future requirement of mega infrastructure projects of GoP which are approved.
WAH CLOTHING (PVT) LIMITED
  • To commercialize the present POF Clothing Fy in befitting manner, Wah Clothing (Pvt) Ltd was set-up in 2015 which is wholly owned subsidiary of WIL.