Intimation under Regulation 30 of SEBI (LODR) of investment by Subam Paper and Boards Private Limited, wholly owned subsidiary of the Company, in a Limited Liability Partnership for 51% stake
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Subam Papers Ltd's wholly-owned subsidiary, Subam Paper and Boards Private Limited, has signed an LLP agreement dated April 19, 2025 to form M/s. Rajapalayam Success Packagings LLP. The subsidiary will put in Rs. 51,000 as capital for a 51% profit-sharing stake in the new LLP. The LLP, incorporated on April 14, 2025, will make corrugated boxes, carton boxes, and other paper products — the same line as Subam Papers. The deal is not a related-party transaction, needs no government approvals, and is expected to close within a month.
This is a small-ticket expansion by Subam Papers' subsidiary into its core packaging business. At just Rs. 51,000, the investment size is symbolic and unlikely to move the needle on financials, but it signals continued focus on packaging and potential business synergies going forward.