ReferIndia News Saboo Sodium Chloro Limited Approves ₹3.8 Crore Investment in Subsidiary's Rights Issue

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Saboo Sodium Chloro Limited Approves ₹3.8 Crore Investment in Subsidiary's Rights Issue

Published on: March 26, 2026, 2:20 a.m. | Source: scanx.trade

Saboo Sodium Chloro Limited's board approved subscription to rights issue of wholly owned subsidiary Samskara Resorts Private Limited for up to ₹3,80,00,000. The decision was made during a board meeting on March 25, 2026, with the company maintaining its 100% shareholding in the subsidiary. The investment aims to support the subsidiary's business operations while ensuring regulatory compliance under SEBI regulations.

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