Aequs Limited has made a further investment in its wholly owned subsidiary, Aequs Engineered Plastics Private Limited (AEPPL), through a rights issue subscription totalling ₹5,36,78,830.
The company subscribed to 53,67,883 equity shares at ₹10 per share, as per a regulatory filing with the National Stock Exchange of India on 30 March 2026. The investment is classified as a related party transaction but falls outside the ambit of mandatory regulatory disclosure requirements, given the holding company-subsidiary relationship.
AEPPL, incorporated on 10 February 2015, manufactures plastic products, parts and toys. The subsidiary reported a consolidated total income of ₹54.7 crore in FY 2024–25, down from ₹107.6 crore in FY 2023–24 and ₹135.6 crore in FY 2022–23. As of 31 March 2025, the entity recorded a post-tax loss of ₹28.48 crore and a negative net worth of ₹4.36 crore.
According to the filing, the investment forms part of the utilisation of IPO proceeds as outlined in Aequs Limited‘s prospectus dated 5 December 2025. The funds will support AEPPL’s working capital and operational requirements. The investment does not alter Aequs Limited’s shareholding percentage in AEPPL, which will remain at 100 per cent ownership.
Disclaimers: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).