Company Disclosure
Chemkart India Limited (Scrip Code: 544442) has made an investment of ₹1.00 crore in its wholly-owned subsidiary, Easy Raw Materials Private Limited, through a rights issue.
Investment Details
- Investment Amount: ₹1.00 crore
- Instrument: 10,00,000 Equity Shares of face value ₹10 each
- Issue Price: ₹10 per share (at face value)
- Investment Type: Rights Issue
- Date of Disclosure: 8th August 2026
Subsidiary Company Information
- Name: Easy Raw Materials Private Limited
- Industry: Trading of Pharma Products and Nutritional Supplements
- Country of Incorporation: India
- Incorporation Year: 2020
- Authorized Share Capital: ₹10,00,00,000 (Ten Crores) divided into 1,00,00,000 Equity Shares of ₹10 each
- Paid-up Share Capital (Post-allotment): ₹8,51,00,000 (Eight Crores Fifty-One Lakhs) divided into 85,10,000 Equity Shares of ₹10 each
Financial Performance (as of 31st March 2026)
- Turnover: NIL
- Loss After Tax: ₹59.47 lakhs
- Net Worth: ₹578.60 lakhs
Shareholding Pattern
- Pre-allotment Shareholding: 100.00%
- Post-allotment Shareholding: 100.00%
Transaction Nature
- Classified as a related party transaction since Easy Raw Materials Private Limited is a wholly-owned subsidiary
- Disclosed as being conducted at arm's length
- The company states it has no interest in the subsidiary beyond the equity shares held
Purpose of Investment
- The investment is in furtherance of the Objects of the Initial Public Offer (IPO) as per the prospectus dated 10th July 2025
- Represents utilization of IPO proceeds as specified in the prospectus