Aequs Limited Makes Further Investment in Joint Venture Aequs Cookware Private Limited
Aequs Limited announced a further investment in Aequs Cookware Private Limited (ACPL), a Joint Venture of the company. The investment was made through a rights issue, involving the allotment of equity shares to Aequs Limited.Through this transaction, Aequs Cookware Private Limited allotted 18,16,761 equity shares to Aequs Limited at a price of INR 51.19 per equity share on a rights basis. The total investment amount reported is INR 9,29,99,995.59.
ACPL is engaged in the business of manufacturing cookware appliances, kitchenware appliances, and all types of cooking utensils. The company, incorporated on June 20, 2024, is positioned within the cookware and kitchenware industry.
The investment is noted as part of the utilization of IPO proceeds specified in the Prospectus of Aequs Limited dated December 5, 2025. These funds are intended for ACPL’s operational requirements and general corporate purposes.
Key Transaction and Company Details
Aequs Limited maintains its holding in ACPL as a Joint Venture, with its shareholding remaining at 50% of the total share capital. This transaction was executed at an Arm's Length basis.For context, the audited financial details of Aequs Cookware Private Limited as of March 31, 2025, were:
| Particulars | Amount |
|---|---|
| Turnover | INR 16 Crore |
| Loss after tax | INR 5.57 Crore |
| Networth | INR 4.87 Crore |
Furthermore, the consolidated financial results for ACPL for the last three years showed:
| Financial Year | Income (INR Crore) |
|---|---|
| FY 2024-25 | 16 |
| FY 2023-24 | Nil |
| FY 2022-23 | Nil |
The allotment involved the transfer of 18,16,761 equity shares at INR 51.19 per equity share, totaling an investment of INR 9,29,99,995.59.
AEQUS Stock Price Movement
Shares of Aequs Limited today slipped by 1.32% to close at ₹212.48 in post-market trading. The stock saw significant activity, hitting a 52-week high of ₹223.85 and trading on a volume of 4.19 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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