Date: October 31, 2026
Target Entity
Dhoot Transmission GmbH (Dhoot Germany), incorporated on December 12, 2024, as a private company limited by shares under the laws of the Federal Republic of Germany.
Type of Deal
Investment in wholly-owned subsidiary through equity subscription.
Stake/Capacity
The Company subscribed to 2,50,000 equity shares of €1 each, maintaining 100% ownership both before and after the subscription. No change in control occurred.
Deal Value
Aggregate cash consideration of €2,50,000 (equivalent to ₹2,82,05,530). Shares were acquired at face value of €1 per share with no premium.
Funding Source
Cash consideration from internal resources.
Financial Impact
Dhoot Transmission GmbH reported:
- Turnover for FY 2025-26: € Nil (equivalent to ₹ Nil)
- Net worth as on March 31, 2026: €45,718.57 (₹51,57,969.07)
- No revenue impact disclosed as the subsidiary is in early stage
Strategic Rationale
The additional capital infusion will be used to meet working capital needs, business growth and expansion. Dhoot Germany is authorized to engage in engineering services, customer acquisition, and conducting project discussions for automotive and related industries.
Approval Status
Not applicable as this is an investment in a wholly-owned subsidiary. The transaction is confirmed to be at arm's length.
Reference Regulation
SEBI Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Subsidiary Background
Dhoot Transmission GmbH was incorporated on December 12, 2024 with Unique Entity Number 1473/2024. Registered office situated at Reutherstraße 13, 53773 Hennef, Germany. The company is authorized to engage in engineering services, customer acquisition, and project discussions for automotive and related industries.
Turnover history:
- FY 2025-26: € Nil (₹ Nil)
- FY 2024-25: € Nil (₹ Nil)
- FY 2023-24: Not applicable (not incorporated)
Country of Presence: Germany