Expleo Solutions Limited has announced the closure of its wholly owned subsidiary, Expleo Solutions FZE, located in Sharjah, UAE. This decision is a response to operational challenges faced in reaching customers across the Gulf region. The closure took effect on March 24, 2025, and it accounted for 3% of the company’s revenue and 2% of its net worth in the last financial year.

In a move to improve its market presence, Expleo plans to establish a new subsidiary in Dubai. This new subsidiary is expected to open up additional business opportunities and enhance the company’s market reach in Gulf countries.

Expleo Solutions Limited operates within the technology and consulting industry, specializing in quality assurance and engineering services. The company focuses on delivering solutions designed to enhance operational efficiency and innovation for clients across various sectors.

Currently, Expleo’s year-to-date price performance shows a decline of 37.81%, with an average trading volume of 3 929. The company’s market capitalization stands at 12.74 billion INR.