Date: September 30, 2026
Investment / Strategic Actions
S.J.S. Enterprises Limited has infused ₹5,00,00,000 (Indian Rupees Five Crore) in its wholly-owned subsidiary SJS Display Electronics Private Limited (SDEPL) by subscribing to 50,00,000 equity shares of ₹10 each at par through a rights issue made by SDEPL under Section 62(1)(a) of the Companies Act, 2013.
This investment brings the total investment in SDEPL to ₹5,05,00,000 out of the previously approved limit of ₹10,00,00,000 by the Board of Directors on August 06, 2026. SDEPL continues to remain a 100% wholly-owned subsidiary of the Company.
The investment is being made to facilitate the development, growth and expansion of SDEPL's business activities and to support its working capital requirements. SDEPL operates in the automotive ancillary and consumer durables sector.
Subsidiary Background
SDEPL was incorporated on August 31, 2026 and has not yet commenced commercial operations. The company has no historical turnover for the preceding three financial years.
Authorized Share Capital: ₹5,05,00,000
Paid up Share Capital: ₹5,05,00,000
Turnover: Nil