Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Investment of funds in subsidiary company
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Abans Financial Services has invested approximately Rs. 42.18 crores in its subsidiary, Abans Capital Private Limited (ACPL), by subscribing to a rights issue. ACPL allotted 327 equity shares to the company at an issue price of Rs. 12,90,000 per share (face value Rs. 10). This is a follow-up to the company's earlier announcement dated April 15, 2025. The investment is being made from the company's own funds into its wholly-owned subsidiary.
This is an internal capital infusion into a subsidiary, so it has no direct impact on shareholders' ownership in Abans Financial Services. It signals continued financial support to the subsidiary business, but the long-term value will depend on how ACPL deploys these funds to generate returns.