Transaction Details
Investment Amount: ₹1,17,30,000 (Rupees One Crore Seventeen Lakh Thirty Thousand Only)
Investment Method: Subscription towards Rights Issue
Shares Allotted: 1,17,300 Equity Shares
Allotment Date: 17th July, 2026
Target Entity: Ganesha Recycling Chain Private Limited (subsidiary)
Ownership Impact
Post-investment ownership stake remains unchanged at 51% of the subsidiary company.
Target Company Information
Name: Ganesha Recycling Chain Private Limited
Industry: Recycling
Incorporation Date: 10th September, 2024
Authorised Capital: ₹10,00,00,000
Paid-Up Capital: ₹7,53,00,000
Market Presence: India
Turnover: Not Available
Transaction Characteristics
Consideration Type: Cash
Related Party Status: Yes, as Ganesha Recycling is a subsidiary
Arm's Length Basis: Yes, confirmed in disclosure
Promoter/Promoter Group Interest: None
Purpose and Rationale
Investment made as part of overall corporate objectives and business expansion strategy to maintain 51% stake in the recycling subsidiary.
Additional Information
Company Registered Office: Shop No. 37, Shanker Market, Connaught Place, Central Delhi, New Delhi-110001
Corporate Office: A-115, Sector-136, Noida, Uttar Pradesh-201304
Company Identification: CIN L37100DL1999PLC102506