Manorama Industries Limited has incorporated a wholly owned subsidiary, Taang Kaam Industries SA, in Burkina Faso on January 16, 2026. With an initial capital of CFA 10,000,000, the entity will focus on sourcing and processing shea nuts, mango kernels, and related raw materials, strengthening Manorama’s global manufacturing and supply chain presence.
Manorama Industries Limited has announced the incorporation of its wholly owned subsidiary, Taang Kaam Industries SA, in Burkina Faso. The new entity will focus on sourcing, processing, and selling shea nuts, mango kernels, and related raw materials, strengthening the company’s global supply chain and manufacturing base.
The company confirmed that the subsidiary was incorporated on January 16, 2026, with an initial paid-up capital of CFA 10,000,000. The board has approved a capital infusion of up to CFA 1,60,00,00,000, to be deployed in tranches as per business requirements.
Key Highlights
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Incorporation date: January 16, 2026, in Burkina Faso
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Entity name: Taang Kaam Industries SA
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Initial capital: CFA 10,000,000, fully subscribed in cash
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Approved capital infusion: Up to CFA 1,60,00,00,000 in phases
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Industry focus: Manufacturing, with emphasis on shea butter, mango kernels, and allied raw materials
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Ownership: 100% wholly owned subsidiary of Manorama Industries Limited
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Regulatory compliance: Incorporated under Burkina Faso laws, with transactions to be conducted on an arm’s length basis
This strategic move aligns with Manorama’s long-term vision of strengthening its raw material base and expanding its international presence in the specialty fats and oils sector.
Source: Manorama Industries Limited Exchange Disclosure