StockWatch
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Aerospace & Defense
Investment9 Jun 2026, 05:51 pm

Aequs Invests ₹4 Cr in Subsidiary Koppal Toys Molding

AI Summary

Aequs Limited announced that its wholly-owned subsidiary, Aequs Toys Private Limited, has made a further investment of INR 4 Crores in its step-down wholly owned subsidiary, Koppal Toys Molding COE Private Limited (KTMCPL). This investment was made on a rights basis, with KTMCPL allotting 4,000,000 equity shares of Rs. 10/- each. The funds are intended to meet KTMCPL's working capital and operational requirements. KTMCPL is engaged in the manufacturing and molding of toys.

Key Highlights

  • Aequs subsidiary invests INR 4 Cr in step-down subsidiary.
  • Investment made in Koppal Toys Molding COE Private Limited.
  • Funds to meet working capital and operational needs.
  • KTMCPL manufactures and molds toys.
  • No change in overall shareholding percentage.