Royal India Corp Subsidiary Sells 10% Stake in EQPL for ₹1.44 Cr

Royal India Corporation Ltd announced that its wholly owned subsidiary, Suryam India Minecorp Limited, has transferred 9,00,981 equity shares, representing 10% of the paid-up share capital of Exclusive Quarries Private Limited (EQPL), to Sumantra Techsoft Private Limited. This transaction, completed on July 31, 2026, for a consideration of ₹1,44,15,696, results in EQPL ceasing to be a stepdown subsidiary of Royal India Corporation Ltd. The buyer, Sumantra Techsoft Private Limited, is not part of the promoter group or group companies. The transaction is not considered a related party transaction.