Investment31 Aug 2025, 07:30 pm
Roto Pumps Invests INR 4.90 Cr in Wholly Owned Subsidiary Roto Energy Systems Ltd
AI Summary
Roto Pumps Ltd has invested INR 4.90 Cr in Roto Energy Systems Limited (RESL), its wholly owned subsidiary, through a rights issue. The investment was made to meet additional fund requirements in RESL's business, which is engaged in the manufacturing of Solar Pumps under the 'Roto Rudra' brand. The turnover of RESL for the financial year ended March 31, 2025, is Rs. 125.27 lakhs.
Key Highlights
- Roto Pumps invests INR 4.90 Cr in its wholly owned subsidiary Roto Energy Systems Ltd (RESL)
- Investment made through a rights issue
- RESL manufactures Solar Pumps under the 'Roto Rudra' brand
- The turnover of RESL for the financial year ended March 31, 2025, is Rs. 125.27 lakhs
- Investment aims to meet additional fund requirements in RESL's business