Chemkart India Ltd Acquires 100.00% Stake in Easy Raw Materials Pvt. Ltd for Rs. 1.50 Crores

Chemkart India Ltd has acquired 100.00% stake in its wholly owned subsidiary, Easy Raw Materials Pvt. Ltd, for a total consideration of Rs. 1.50 Crores. The acquisition was made through a Rights Issue. Easy Raw Materials Pvt. Ltd is a Private Limited Company incorporated in India, engaged in the business of Trading of Pharma Products and Nutritional Supplements. The company was incorporated in the Year 2020 and has a paid-up share capital of Rs. 4,51,00,000 divided into 45,10,000 Equity Shares of Rs. 10/- each. As on 31st March 2025, the company's turnover stood at NIL, with a loss after tax of 12.68 Lakhs and a net worth of Negative (11.93) Lakhs.