CHEMKART INDIA LIMITED : INTIMATION OF INVESTMENT THROUGH RIGHTS ISSUE

• Chemkart India Limited has made an investment of ₹10.00 Lakhs in Vinstar Biotech Private Limited, a wholly owned subsidiary. • The investment was made through a rights issue, with the allotment of 1,00,000 equity shares of face value ₹10/- each at an issue price of ₹10/- each. • Vinstar Biotech Private Limited is an R&D-driven nutraceutical company specializing in proprietary bioactive technologies. • The transaction falls within the ambit of related party transactions and is at arms' length. • The investment was made for Capital Expenditure and Working Capital requirements. • The company retains 100.00% shareholding in the subsidiary.

Chemkart India Ltd

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