Pee Cee Cosma Sope Limited disclosed an investment in its wholly-owned subsidiary India Trading Infra Limited pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.
The Executive Committee of the Board of Directors approved the investment at its meeting held on August 11, 2026. The meeting commenced at 12:30 PM IST and concluded at 1:10 PM IST.
The investment involves subscription to a rights issue of India Trading Infra Limited for up to ₹5,00,00,000 (Five crore rupees) to acquire up to 50,00,000 equity shares of ₹10 each at par value. The investment may be executed in one or more tranches.
Subsidiary Details
- Name: India Trading Infra Limited (formerly known as Surajbhan Agencies Limited)
- Relationship: Wholly Owned Subsidiary of Pee Cee Cosma Sope Limited
- Incorporation Date: March 29, 1993 under Companies Act, 1956
- Business: Trading of infrastructure materials and solutions
- Turnover: ₹23,00,000 (23 lakh rupees)
- Current Ownership: 100% owned by Pee Cee Cosma Sope Limited
Transaction Details
- Nature of Consideration: Cash consideration
- Purpose: To meet general business requirements, address working capital needs, and support business expansion activities. The capital infusion will support liquidity management and smooth operations.
- Regulatory Status: Not considered a related party transaction under SEBI (LODR) Regulations 2015 as it involves a wholly-owned subsidiary
- Government Approvals: Not applicable
- Completion Timeline: Not applicable as the subsidiary is already wholly-owned