27-Oct-2026 15:23:04
CHEMKARTIPO
CHEMKART : INVESTS RS 97.9 L IN WHOLLY OWNED SUBSIDIARY EASY RAW MATERIALS VIA RIGHTS ISSUE
• Company subscribed 1.83 lakh equity shares of ₹10 each at ₹53.50 per share for ₹97.9 L in Easy Raw Materials via rights issue • Pre- and post-allotment shareholding in the WOS remains 100% • Investment is part of IPO proceeds utilisation towards commissioning of the subsidiary's manufacturing unit • Easy Raw Materials trades pharma products and nutritional supplements; FY26 turnover nil, loss after tax ₹59.47 L, net worth ₹578.60 L • Consideration is cash; transaction is a related party transaction at arm's length Impact: Neutral (Deploys IPO proceeds into WOS manufacturing unit, but subsidiary currently has nil turnover and is loss-making)
Chemkart India Ltd
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