Investment11 Aug 2026, 01:44 pm
Pee Cee Cosma Invests ₹5 Cr in Wholly Owned Subsidiary
AI Summary
Pee Cee Cosma Sope Limited's Executive Committee has approved an investment of up to ₹5 crore in equity shares of its wholly owned subsidiary, India Infra Trading Limited. The investment will be made through a rights issue, subscribing to 50,00,000 equity shares at ₹10 each. This capital infusion aims to support general business requirements, working capital needs, and expansion of business activities for the subsidiary, thereby strengthening its liquidity and operations.
Key Highlights
- Pee Cee Cosma approves ₹5 crore investment in subsidiary India Infra Trading.
- Investment via rights issue for 50 lakh equity shares at ₹10 each.
- Funds to support subsidiary's working capital and business expansion.
- Subsidiary is wholly owned, with turnover of ₹23 lakhs.
- Investment aims to improve liquidity and operational efficiency.
Price Impact
More from PCCOSMA