Swati Projects Invests ₹1 Cr in Subsidiary Radhashree Roadsters

Swati Projects Ltd has been allotted 10,00,000 equity shares of Rs 10/- each in its wholly-owned subsidiary, Radhashree Roadsters Private Limited, for a cash consideration of ₹1,00,00,000. This investment will fund the subsidiary's business operations and loan repayments. The total investment in Radhashree Roadsters now stands at ₹1,50,00,000. The transaction is a related party transaction conducted on an arm's length basis, with no governmental or regulatory approvals required.