Rudra Gas Enterprise Increases Investment in Subsidiary Rudra Global Green Energy
Rudra Gas Enterprise Limited has increased its investment stake in its subsidiary, Rudra Global Green Energy Private Limited, through a recent allotment of equity shares. The further investment amounts to Rs. 3,50,00,000/- (Three Crores Fifty Lakhs Only).The investment was made by allotting 35,00,000 fully paid-up Equity shares of Rudra Global Green Energy Private Limited at a face value of Rs. 10/- per share. This transaction constitutes a further investment into the subsidiary company, which is engaged in various aspects of renewable energy and solar technology.The capital structure of the subsidiary saw changes following this allotment. Before the...