Exhibit 21.1
The table below lists our subsidiaries.
|
Subsidiaries |
|
Immediate holding company |
|
Jurisdiction of Incorporation |
|
Percentage of holding as of March 31, 2024 |
|
|
Percentage of holding as of March 31, 2023 |
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IGCare, LLC |
|
IGC |
|
Maryland, USA |
|
|
100 |
|
|
|
100 |
|
|
IGC Pharma, LLC |
|
IGC |
|
Colorado, USA |
|
|
100 |
|
|
|
100 |
|
|
HH Processors, LLC (formerly Holi Hemp, LLC) |
|
IGC |
|
Maryland, USA |
|
|
100 |
|
|
|
100 |
|
|
Sunday Seltzer, LLC |
|
IGC |
|
Maryland, USA |
|
|
100 |
|
|
|
100 |
|
|
SAN Holdings, LLC |
|
IGC |
|
Maryland, USA |
|
|
100 |
|
|
|
100 |
|
|
IGC Pharma SAS (1) |
|
IGC |
|
Colombia |
|
|
100 |
|
|
|
100 |
|
|
Techni Bharathi Private Limited (TBL) |
|
IGC |
|
India |
|
|
100 |
|
|
|
100 |
|
|
India Mining and Trading Private Limited (IGC-IMT) (2) |
|
IGC-M |
|
India |
|
|
100 |
|
|
|
100 |
|
|
IGC Materials Private Limited (IGC-MPL) (2) |
|
IGC-M |
|
India |
|
|
100 |
|
|
|
100 |
|
|
IGC Enterprises Limited (IGC-ENT) (3) |
|
TBL |
|
Hong Kong |
|
|
100 |
|
|
|
100 |
|
|
Hamsa Biopharma India Pvt. Ltd. |
|
IGCare |
|
India |
|
|
100 |
|
|
|
100 |
|
|
IGC Pharma IP, LLC |
IGC |
Maryland, USA |
100 |
100 |
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|
(1) |
Beneficially owned by IGC |
|
(2) |
IGC-IMT and IGC-MPL are non-operating subsidiaries. These subsidiaries did not have a material impact on the balance sheet or statement of operations. |
|
(3) |
Beneficially owned by Techni Bharathi Private Limited (TBL) |