Investment8 Aug 2026, 09:10 pm
Studds Accessories Invests USD 99,936 in Bikerz US Inc.
AI Summary
Studds Accessories Ltd announced a further investment of USD 99,936 in its wholly-owned subsidiary, Bikerz US Inc. This investment is based on a valuation report and aims to support future business expansion plans. The company also approved unaudited financial results for the quarter ended June 30, 2026, and a further investment of up to EUR 10,00,000 in SMK Helmets Europe SRL. The board meeting where these decisions were made commenced at 05:45 P.M. (IST) and concluded at 06:25 P.M. (IST) on August 8, 2026. The details of the investment in Bikerz US Inc. are provided as per SEBI regulations.
Key Highlights
- Studds Accessories invests USD 99,936 in US subsidiary Bikerz US Inc.
- Additional EUR 10,00,000 investment approved for SMK Helmets Europe SRL.
- Unaudited financial results for Q1 FY27 were also approved.
- Investments aim to support future business expansion and distribution networks.
- Transaction details are compliant with SEBI Listing Regulations.
Price Impact
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