ATUL AUTO LIMITED: GUJARAT STEP-DOWN SUBSIDIARY ACQUIRES 100% EQUITY SHARES OF KHUSHBU AUTO FINANCE LIMITED

• Atul Auto Limited invested ₹18.34 Cr on a rights basis in its wholly-owned subsidiary Khushbu Auto Finance Limited (KAFL). • The investment was made via subscription in the equity share capital of KAFL. • KAFL is a Non-Banking Finance Company (NBFC ICC) engaged in financing three-wheelers of Atul Auto Limited. • The investment brings Atul Auto Limited's total investment in KAFL to ₹96.15 Cr. • The shares were allotted on September 30, 2026.

Atul Auto Ltd-$

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