Aequs Limited Invests Further in Subsidiary Aequs Consumer Products Private Limited
Aequs Limited announced a further investment in its wholly-owned subsidiary, Aequs Consumer Products Private Limited (ACPPL), through a rights issue on March 30, 2026. The investment is being utilized to meet ACPPL’s working capital and other business/operational requirements, aligning with the company's IPO prospectus from December 5, 2025.Subsidiary Details and Investment
As of March 31, 2025, ACPPL reported a turnover of INR 15.81 crore, a loss after tax of INR 12.53 crore, and a networth of INR 242.12 crore. ACPPL is engaged in the manufacturing of consumer products including electronic/digital devices/electrical components and parts.The company invested INR 35,00,00,728 by acquiring 24,17,800 equity shares at a price of INR 144.76 per share. This investment does not change the percentage of shareholding, and ACPPL will remain a wholly-owned subsidiary.
Transaction Details
The investment was made as a related-party transaction, but does not fall within the ambit of related party transactions pursuant to Regulation 23(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.Source:
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