Intimation of Allotment of Equity Shares in Allana CF Foods Private Limited, Subsidiary Company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Chatha Foods Limited has been allotted 63 lakh equity shares of Rs. 10 each at par in its subsidiary Allana CF Foods Private Limited, investing Rs. 6.3 crore in cash via a Rights Issue subscription. Allana CF Foods was incorporated on April 8, 2025, and operates in the ready-to-eat and ready-to-cook food segment. Despite the new investment, Chatha Foods' shareholding in the subsidiary remains unchanged at 70%. The subsidiary currently has a paid-up share capital of Rs. 24 crore, and the transaction was carried out at arm's length.
This is a routine capital infusion into an existing subsidiary with no change in ownership percentage, so it is unlikely to materially affect the stock price. It signals continued investment in the subsidiary's food business expansion, but shareholders should monitor how this Rs. 6.3 crore deployment translates into future revenue and profitability.