Investment29 Aug 2026, 10:10 pm
KD Green Invests ₹15 Cr in Subsidiary K D Infrastructures
AI Summary
KD Green Industries Ltd has announced an investment of ₹15,00,00,000 (Rupees Fifteen Crore) in the expanded paid-up equity share capital of its subsidiary, K D Infrastructures Private Limited. The investment was made in cash through the infusion of funds for the subscription and allotment of 20,00,000 equity shares. Each share was issued at a price of ₹75, comprising ₹10 towards face value and ₹65 towards securities premium. This move signifies KD Green Industries' commitment to bolstering its subsidiary's capital base.
Key Highlights
- KD Green Industries invested ₹15 Cr in subsidiary K D Infrastructures.
- Investment made via subscription of 20 Lakh equity shares.
- Issue price per share was ₹75 (₹10 face value, ₹65 premium).
- Transaction is an infusion of funds in cash.
- Enhances the subsidiary's paid-up equity share capital.
Price Impact
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