Credo Brands Marketing Ltd's wholly owned subsidiary, KAPS Mercantile Private Limited, has applied to strike off its name from the Register of Companies on January 21, 2025, as it has been inactive for over two years and does not anticipate future activities. The net worth of KMPL was 3.88 lakh, and its turnover was nil for the last financial year, with no expected financial impact on Credo Brands for the future.