Aequs Limited has informed the Exchange about General Updates
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Aequs Limited has invested approximately INR 35 crore into its wholly owned subsidiary Aequs Consumer Products Private Limited (ACPPL) by subscribing to 24,17,800 equity shares at INR 144.76 per share through a rights issue. ACPPL is in the business of manufacturing consumer products including electronic/digital devices and electrical components. The investment is being made using IPO proceeds raised by Aequs in December 2025, with the funds earmarked for ACPPL's working capital and operational needs. ACPPL remains a wholly-owned subsidiary, so there is no change in ownership. As of March 31, 2025, ACPPL had a turnover of INR 15.81 crore, a loss after tax of INR 12.53 crore, and a net worth of INR 242.12 crore, with revenues having declined from INR 31.17 crore in FY24.
This is an internal capital infusion into a loss-making subsidiary using money raised from the recent IPO, so the impact on the listed entity is mainly a deployment of IPO funds rather than fresh shareholder dilution. Investors should note that the subsidiary's revenue has nearly halved over the last year and continues to post losses, though the parent retains full control.