EX-21.1 2 ex21-1.htm EX-21.1 ex21-1.htm
Exhibit 21.1
 
List of Subsidiaries
 
Subsidiaries
 
Immediate
holding company
 
Country of
Incorporation
 
Percentage of holding
as of March 31, 2015
   
Percentage of holding
as of March 31, 2014
 
H&F Ironman Limited
(“HK Ironman”) (1)
 
IGC
 
Hong Kong
   
100
     
100
 
Linxi H&F Economic and Trade Co.
("PRC Ironman") (3)  
 
HK Ironman
 
Peoples’ Republic of China
   
95
     
95
 
IGC – Mauritius
("IGC-M") (1)
 
IGC
 
Mauritius
   
100
     
100
 
Techni Bharathi  Private  Limited
(“TBL”) (2)
 
IGC-M
 
India
   
100
     
100
 
India Mining and Trading Private Limited
("IGC-IMT") (2)
 
IGC-M
 
India
   
100
     
100
 
IGC Materials Private Limited
("IGC-MPL")
 
IGC-M
 
India
   
100
     
100
 
IGC Logistic Private  Limited
("IGC-LPL") (2)
 
IGC-M
 
India
   
100
     
100
 
IGC International Limited
(“IGC-INT”) (4)
 
IGC
 
Hong Kong
   
51
     
0
 

(1) Wholly-owned by India Globalization Capital, Inc.
(2) Wholly-owned by India Globalization Capital, Mauritius, Limited.
(3)  95% owned by HK Ironman, which is India Globalization Capital, Inc.’s wholly-owned subsidiary.
(4) 51% owned by India Globalization Capital, Inc.  Formerly known as Golden Gate Electronics Limited.