Investment28 Aug 2026, 09:20 pm
Dhoot Transmission Invests ₹210.25 Cr in Subsidiaries
AI Summary
Dhoot Transmission Ltd has acquired equity shares in its step-down subsidiaries, Dhoot Automotive Systems Private Limited (DASPL) and Dhoot Autocomponents Private Limited (DACPL), for an aggregate consideration of ₹210.25 crores. The investment aims to utilize internal accruals for repayment of outstanding borrowings and further business growth. DASPL, incorporated in 2020, had a turnover of ₹745.72 crores in FY26. DACPL, incorporated in 2022, had a turnover of ₹682.81 crores in FY26. Both entities are in the automotive components industry and are considered related parties, with the transactions conducted at arm's length.
Key Highlights
- Dhoot Transmission invested ₹210.25 Cr in two step-down subsidiaries.
- Investment to fund debt repayment and business expansion.
- DASPL turnover ₹745.72 Cr, DACPL turnover ₹682.81 Cr in FY26.
- Acquisition increases Dhoot Transmission's stake in DASPL to 42.98%.
- Acquisition establishes Dhoot Transmission's stake in DACPL at 9.99%.
Price Impact
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