Simplex Realty Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2025 ,inter alia, to consider and approve As per letter attached
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Simplex Realty Ltd has informed BSE that its Board of Directors will meet on 16th July 2025. The key item on the agenda is to consider and approve an investment in the share capital of its subsidiary, Simplex Modern Homes Private Limited. The intimation has been made under Regulation 29 of SEBI LODR. The letter was signed by Pooja Bagwe, Company Secretary, on 12th July 2025. No financial details of the proposed investment amount have been disclosed in this filing.
This is a pre-disclosure notice ahead of the board meeting. Shareholders should wait for the outcome on 16th July 2025 to know the size and nature of the capital infusion into the subsidiary. Typically, such investments are aimed at funding the subsidiary's growth and are unlikely to materially affect the parent company's share price unless the amount is significant.