Investment25 Mar 2026, 12:16 pm
Arfin India Ltd Approves Subscription to Rights Issue of Equity Shares in Wholly Owned Subsidiary Arfin Titanium & Speciality Alloys Limited
AI Summary
Arfin India Ltd has approved subscription to the Rights Issue of equity shares of its Wholly Owned Subsidiary, Arfin Titanium & Speciality Alloys Limited, for an amount up to ~3,00,000/- (Rupees Three Crore only) or such higher amount as may be required. The subsidiary is in the Metal Manufacturing Industry and the investment will be used for business operations and growth. The subsidiary will remain a Wholly Owned Subsidiary of the Company post acquisition.
Key Highlights
- Arfin India Ltd approves subscription to Rights Issue of equity shares in its Wholly Owned Subsidiary.
- Investment amount up to ~3,00,000/- (Rupees Three Crore only) or such higher amount as may be required.
- Subsidiary, Arfin Titanium & Speciality Alloys Limited, is in the Metal Manufacturing Industry.
- Investment will be used for business operations and growth of the subsidiary.
- Subsidiary will remain a Wholly Owned Subsidiary of the Company post acquisition.
Price Impact
More from ARFIN