
Investment23 Mar 2026, 05:51 pm
Shree Hari Chemicals Invests Rs. 4.94 Crore in Wholly-Owned Subsidiary Shakambhari Dyechem
AI Summary
Shree Hari Chemicals Export Ltd has invested Rs. 4,94,99,990 in the Equity Shares of its Wholly-Owned Subsidiary, Shakambhari Dyechem Private Limited (SDPL). The investment was made by way of subscription to rights issue of SDPL. The Company has been allotted 49,49,999 fully paid-up Equity Shares of face value of Rs. 10/- each on Rights Basis at par on March 23, 2026. SDPL is engaged in the chemical business and the investment will be used for funding its capital expenditure requirements for proposed expansion.
Key Highlights
- Shree Hari Chemicals Export Ltd invests Rs. 4.94 crore in Shakambhari Dyechem Private Limited
- Investment made by way of subscription to rights issue of SDPL
- SDPL is a Wholly-Owned Subsidiary of Shree Hari Chemicals Export Ltd
- SDPL is engaged in the chemical business
- Investment will be used for funding SDPL's capital expenditure requirements for proposed expansion