Aequs Limited Makes Further Investment in Subsidiary Aequs Engineered Plastics Private Limited
Aequs Limited announced a further investment in its wholly owned subsidiary, Aequs Engineered Plastics Private Limited (AEPPL), through a rights issue on March 30, 2026.AEPPL, incorporated on February 10, 2015, is engaged in the manufacturing of plastic products, parts, and toys. As of March 31, 2025, the company reported a turnover of INR 54.65 crore, a loss after tax of INR 28.48 crore, and a net worth of INR -4.36 crore.
The investment of INR 5,36,78,830, comprised of 53,67,883 shares at a price of INR 10 per equity share, will be used to meet AEPPL’s working capital and operational requirements, as part of the utilization of the company’s IPO proceeds.
According to the announcement, the transaction does not constitute a related party transaction as AEPPL is a wholly owned subsidiary.
| Particulars | Details |
|---|---|
| Total Amount Invested | INR 5,36,78,830 |
| Shares Acquired | 53,67,883 |
| Price Per Share | INR 10 |
The investment will not alter Aequs Limited’s shareholding in AEPPL, which will remain a wholly owned subsidiary. Aequs Limited’s consolidated total income for the past three fiscal years was INR 135.6 crore (FY 2022-23), INR 107.6 crore (FY 2023-24), and INR 54.7 crore (FY 2024-25).
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