Roto Pumps Limited has informed the Exchange about update on investment in Roto Energy Systems Ltd, wholly owned subsdiary company
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Roto Pumps Limited has invested ₹4.90 crore in its wholly owned subsidiary Roto Energy Systems Limited (RESL) through a rights issue, receiving 49 lakh equity shares of ₹10 each at par. This is part of a previously approved plan to invest up to ₹10 crore in tranches as needed. RESL manufactures solar pumps under the 'Roto Rudra' brand and reported turnover of ₹125.27 lakhs in FY25, up from just ₹3 lakhs in FY24. The investment is being made to fund additional business requirements of the subsidiary. RESL remains a 100% subsidiary with no change in shareholding, and the consideration is fully in cash.
This signals Roto Pumps' continued commitment to scaling up its solar pump business through its subsidiary. While RESL's revenue is still small and growing from a low base, the fresh capital infusion could support faster expansion. The investment is within an already announced plan, so it is unlikely to surprise the market, but shareholders should watch for future growth in the solar pump segment.