Chemkart India Makes Investment in Wholly Owned Subsidiary via Rights Issue
Chemkart India Ltd has made a further investment of Rs. 1.00 Crores through a Rights Issue in Easy Raw Materials Private Limited, a wholly owned subsidiary of the company. The transaction involved the issue and allotment of 10,00,000 Equity Shares of face value Rs. 10/- each at an issue price of Rs. 10/-, which is equal to the face value.This investment is intended as part of the utilization of proceeds outlined in the prospectus dated July 10, 2025, specifically towards commissioning the manufacturing unit of Easy Raw Materials Private Limited.
Chemkart India Ltd holds a 100.00% shareholding in Easy Raw Materials Private Limited, both pre and post this allotment. The transaction involving the subsidiary is classified as a related party transaction and has been conducted at arm's length.
Details of the Investment and Subsidiary Entity
The following table details the financial standing of Easy Raw Materials Private Limited and the parameters of Chemkart India’s investment:| Parameter | Detail |
|---|---|
| Target Entity Name | Easy Raw Materials Private Limited |
| Industry | Trading of Pharma Products and Nutritional Supplements |
| Entity Incorporation Year | 2020 |
| Investment Amount / Consideration | Rs. 1.00 Crores (Cash Consideration) |
| Shares Acquired | 10,00,000 Equity Shares |
| Share Issue Price | Rs. 10/- per share |
Financial Snapshot of Easy Raw Materials Private Limited
As of March 31, 2026, the financial details of the subsidiary entity were as follows:| Metric | Value |
|---|---|
| Authorized Share Capital | Rs. 10,00,00,000/- (Rupees Ten Crores only) |
| Paid Up Share Capital | Rs. 7,51,00,000/- (Rupees Seven Crores Fifty-One Lakh only) |
| Turnover (Last 3 Years) | NIL |
| Loss after Tax | 59.47 Lakhs |
| Net Worth | 578.60 Lakhs |
Stock Price Movement
As of 11:12, shares of Chemkart India Ltd are dipping by 2.32%, currently trading at ₹135.00. The stock has seen a wide intraday movement, having traded within a range from a high of ₹144.00 to the current level.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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