17-Sept-2026 17:31:59
MOMSBELIEFExpansion
RAYS OF BELIEF LTD : FURTHER INVESTMENT IN WHOLLY OWNED SUBSIDIARY
• The company will invest USD 2,000,000 (approx. INR 19.19 Cr) in its wholly owned subsidiary, Mom's Belief US Inc., through a rights issue. • This investment is at par value, USD 1 per share, and Mom's Belief US Inc. specializes in allergy and immunology. • The investment is strategic, aiming to leverage the subsidiary's capabilities to enhance specialized healthcare services.
Rays of Belief Ltd
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