Intimation of Allotment of Equity Shares in Allana CF Foods Private Limited, Subsidiary Company.
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Chatha Foods Limited has invested Rs. 6.93 crore in its subsidiary Allana CF Foods Private Limited by subscribing to a rights issue. The company was allotted 69,30,000 equity shares of Rs. 10 each at par, paid in cash. After this allotment, Chatha Foods continues to hold 70% shareholding in Allana CF Foods, with no change in ownership percentage. Allana CF Foods is engaged in ready-to-eat and ready-to-cook products and was incorporated in April 2025 but has not yet started commercial operations. The subsidiary's total paid-up capital stands at Rs. 10 crore post this allotment.
This is a routine capital infusion into an existing subsidiary rather than a new acquisition, so shareholder percentage remains unchanged. The move signals Chatha Foods' strategic intent to expand into the ready-to-eat and ready-to-cook food segment, though revenue contribution will only follow once the subsidiary starts operations.