Aequs Limited Further Invests in Subsidiary Aequs Toys Private Limited
Aequs Limited announced it has made a further investment in its wholly-owned subsidiary, Aequs Toys Private Limited (ATPL), through a rights issue on April 1, 2026.According to details released, ATPL's financial performance as of March 31, 2025, reflects a turnover of INR 9.14 crore, a loss after tax of INR 31.72 crore, and a net worth of INR 43.27 crore.
The investment of INR 14,00,00,000, representing 1,40,00,000 shares subscribed at a price of INR 10 per equity share, is intended to meet ATPL's working capital and operational needs, aligning with the utilization of IPO proceeds as outlined in the company’s prospectus dated December 5, 2025.
Aequs Limited clarified that while ATPL is a related party due to its status as a wholly-owned subsidiary, the transaction is not considered a related-party transaction under Securities and Exchange Board of India regulations. ATPL operates in the manufacturing and sale of toys and related products.
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