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Investment30 Oct 2026, 05:11 pm

SJ Corporation Subsidiary Invests Up to ₹7.55 Cr in Singapore Firm

AI Summary

SJ Corporation Limited announced that its wholly-owned subsidiary, Fishfa Rubbers Limited (FRL), has approved an investment of up to INR 7,55,58,885 (approximately SGD 10,05,000) in Travia Consultancy Services Pte. Ltd., a Singapore-based company. The investment will be made through subscription to ordinary shares, compulsorily convertible preference shares, and/or other convertible instruments. SJ Corporation is not a party to the agreement, and the transaction is not expected to impact the management or control of the listed entity. No liability is imposed on SJ Corporation by virtue of this agreement.

Key Highlights

  • Subsidiary FRL to invest up to ₹7.55 Cr in Singapore's Travia Consultancy.
  • Investment via shares and convertible instruments.
  • SJ Corporation is not a direct party to the agreement.
  • No impact on management or control of SJ Corporation.
  • No liability imposed on SJ Corporation.