Chemkart India Limited Invests Rs. 2.00 Crores in Wholly Owned Subsidiary Through Rights Issue
Published on: March 12, 2026, 3:34 p.m. | Source: scanx.trade
Chemkart India Limited invested Rs. 2.00 crores in wholly owned subsidiary Easy Raw Materials Private Limited through rights issue of 20,00,000 equity shares at Rs. 10/- each. The investment is part of IPO proceeds utilization for commissioning the subsidiary's manufacturing unit in nutraceuticals and health supplements sector. Easy Raw Materials, incorporated in 2020, currently shows NIL turnover with negative net worth of 11.93 lakhs as of March 2025.
