Chemkart Invests ₹1 Cr in Wholly-Owned Subsidiary

Chemkart India Ltd has invested ₹1.00 Crores in its wholly-owned subsidiary, Easy Raw Materials Private Limited, through a rights issue. The investment involves the allotment of 10,00,000 equity shares at face value. This move is part of the utilization of IPO proceeds for commissioning the subsidiary's manufacturing unit. Easy Raw Materials Private Limited is engaged in trading pharma products and nutritional supplements. The subsidiary reported NIL turnover and a loss after tax of ₹59.47 Lakhs as of March 31, 2026. The transaction is considered a related party transaction and is conducted at arm's length.