Investment6 Oct 2025, 06:01 pm
Subex Ltd Completes AED 14.63 Million Investment in UAE Subsidiary
AI Summary
Subex Ltd has announced that its wholly owned subsidiary, Subex Assurance LLP, has completed a remittance of AED 14.63 Million (equivalent to INR 35.36 Crores) towards subscription of equity shares in its wholly owned subsidiary, Subex Middle East (FZE), incorporated in UAE. This investment aligns with the approval granted by the Board of Directors at its meeting held on August 11, 2025, and is intended to support working capital requirement for business growth.
Key Highlights
- Subex Assurance LLP has completed an investment of AED 14.63 Million in Subex Middle East (FZE)
- The investment is aimed at supporting working capital requirement for business growth
- The investment is in line with the approval granted by the Board of Directors at their meeting on August 11, 2025