HMCL Niloy Bangladesh Limited is a private limited company incorporated in Bangladesh on 24 June 2014 under the Companies Act, 1994. lts shareholders are HMCL Netherlands B.V. and Niloy Motors Limited and the shareholding are 55% and 45% respectively. lts registered office is at Nitol Niloy Tower, Plot-69, Nikunja-02, Khilkhet, Dhaka-1229, Bangladesh. The Company manufactures and sells motorcycles within Bangladesh through the distribution channel of Niloy Motors Limited. The Company has started commercial operation on 1 June 2017 and has completed setting up a manufacturing plant at Padmabilla, Shakharigati, Kotowali, Jashore.