Investment14 Mar 2026, 12:01 pm
Arfin India Ltd Approves to Subscribe to Rights Issue of Equity Shares in Wholly Owned Subsidiary
AI Summary
Arfin India Ltd has approved to subscribe to the Right Issue of equity shares of its Wholly Owned Subsidiary, Arfin Titanium and Speciality Alloys Limited. The decision was made at a Board of Directors meeting held on March 14, 2026. The company plans to subscribe to the Rights Issue for an amount up to ¥4,50,00,000/- (Rupees Four Crore and Fifty Lakhs only) or such higher amount as may be required. Arfin Titanium and Speciality Alloys Limited is engaged in manufacturing and trading of Non-ferrous metal.
Key Highlights
- Arfin India Ltd approves to subscribe to the Right Issue of equity shares of its Wholly Owned Subsidiary, Arfin Titanium and Speciality Alloys Limited.
- The subscription amount is up to ¥4,50,00,000/- (Rupees Four Crore and Fifty Lakhs only) or such higher amount as may be required.
- Arfin Titanium and Speciality Alloys Limited is engaged in manufacturing and trading of Non-ferrous metal.
- The decision was made at a Board of Directors meeting held on March 14, 2026.
- Arfin Titanium and Speciality Alloys Limited is a Wholly Owned Subsidiary of Arfin India Ltd.
Price Impact
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