Anant Raj Ltd Invests ₹74.86 Cr in Wholly Owned Subsidiary

Anant Raj Ltd's Finance and Investment Committee has approved an additional investment of ₹74.86 Crores in its wholly owned subsidiary, Ashok Cloud Private Limited (ACPL). This investment will be made through a rights issue, acquiring 37,43,22,553 equity shares at face value. The funds raised by ACPL are intended for the development of its data centers and cloud business. ACPL is engaged in the Data Center and Cloud Business, with a paid-up capital of ₹5,00,000 and a net worth of ₹4.39 Lakh as of March 31, 2026. The company's turnover for FY25-26 was Nil. The acquisition is considered a related party transaction but is exempt under SEBI Listing Regulations. The investment is expected to be completed immediately.