16-Sept-2026 13:11:38
CHEMKARTGeneral news
CHEMKART INDIA LTD : INVESTMENT OF RS 1.30 CR IN WHOLLY OWNED SUBSIDIARY
• Further investment of ₹1.30 Crores by way of issue and allotment of 13,00,000 Equity Shares of face value of ₹10/- each at an issue price of ₹10/- each in Easy Raw Materials Private Limited. • The investment is through a Rights Issue. • Easy Raw Materials Private Limited is a Wholly Owned Subsidiary of the Company. • The transaction falls within the ambit of related party transactions and is at arms' length. • This investment is a part of the utilization of the proceeds as specified in the Prospectus dated 10th July 2025 towards commissioning of the manufacturing unit of the Subsidiary Company.
Chemkart India Ltd
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