Investment30 Sept 2026, 05:40 pm
S.J.S. Enterprises Invests ₹5 Cr in Subsidiary SJS Display Electronics
AI Summary
S.J.S. Enterprises Ltd has invested an additional ₹5,00,00,000 (₹5 Crore) in its wholly-owned subsidiary, SJS Display Electronics Private Limited (SDEPL), through a rights issue. This investment is part of the previously approved ₹10,00,00,000 (₹10 Crore) limit. With this infusion, the total investment in SDEPL stands at ₹5,05,00,000 (₹5.05 Crore). SDEPL operates in the Automotive Ancillary and Consumer Durables sector and is focused on business development, growth, and working capital requirements. The company has acquired 50,00,000 equity shares of ₹10 each at par. SDEPL, incorporated on August 31, 2026, has not yet commenced commercial operations and thus has no historical turnover.
Key Highlights
- S.J.S. Enterprises invested ₹5 Crore in its subsidiary SDEPL.
- Total investment in SDEPL now stands at ₹5.05 Crore.
- The investment is within the approved limit of ₹10 Crore.
- SDEPL operates in Automotive Ancillary and Consumer Durables.
- SDEPL is a wholly-owned subsidiary and a related party.
Price Impact
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