Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting ....
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Saboo Sodium Chloro Limited's Board of Directors met on 25 March 2026 and approved subscribing to the Rights Issue of its wholly owned subsidiary, Samskara Resorts Private Limited. The company will invest up to ₹3,80,00,000 (around ₹3.80 Crore) in cash, taking up its full 100% entitlement. Since the company already owns 100% of the subsidiary, its shareholding will remain unchanged after the investment. The funds are intended to support the business operations of Samskara Resorts. The Managing Director, Girdhar Saboo, signed off on the disclosure.
This is a routine capital infusion into a wholly owned subsidiary and is unlikely to have a direct impact on the parent company's share price. Shareholders should note the company is deploying ₹3.80 Crore of its cash into the hospitality subsidiary, which could affect how profitable or cash-rich the parent looks depending on the subsidiary's performance going forward.