Chemkart India Limited has made a regulatory disclosure under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 (Regulation 30) regarding an investment in its wholly-owned subsidiary.
Investment Details
- Investment Amount: ₹1.00 Crore
- Investment Method: Rights Issue
- Shares Allotted: 10,00,000 Equity Shares
- Face Value: ₹10 per share
- Issue Price: ₹10 per share (at face value)
- Consideration Type: Cash
- Total Consideration: ₹1.00 Crore
Subsidiary Company Details
- Name: Easy Raw Materials Private Limited
- Status: Wholly Owned Subsidiary
- 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): ₹7,51,00,000 (Seven Crores Fifty-One Lakh) divided into 75,10,000 Equity Shares of ₹10 each
- Industry: Trading of Pharma Products and Nutritional Supplements
- Country of Incorporation: India
- Date of Incorporation: 2020
Financial Performance of Subsidiary (as of 31st March 2026)
- Turnover: NIL
- Loss After Tax: ₹59.47 Lakh
- Net Worth: ₹578.60 Lakh
- Last 3 Years Turnover: NIL
Shareholding Pattern
- Pre-allotment Shareholding: 100.00%
- Post-allotment Shareholding: 100.00%
Purpose of Investment
The investment is part of the utilization of IPO proceeds towards commissioning of the manufacturing unit of the subsidiary company.