Arfin India Limited has informed the Exchange about subscription of equity shares of company's Wholly Owned Subsidiary via Right Issue

Arfin India Limited has approved subscribing to the rights issue of its wholly owned subsidiary, Arfin Titanium & Speciality Alloys Limited, for an amount of up to Rs. 3 crore (with the annexure also allowing for a higher amount if required). The subsidiary, incorporated in January 2025, is engaged in manufacturing and trading of non-ferrous metals. The investment is being made in cash to fund the subsidiary's business operations and growth needs. Post-subscription, the subsidiary will continue to remain a wholly owned entity of Arfin India, with no change in shareholding control. The transaction qualifies as a related party transaction but is being done at arm's length.