Aequs Toys Private Limited, a wholly owned subsidiary of Aequs Limited , has invested ₹4 crore in its step-down subsidiary Koppal Toys Molding COE Private Limited to meet working capital and operational requirements. The investment, disclosed to the exchanges on June 09, 2026, involved the allotment of 4,000,000 equity shares at a price of ₹10 each on a rights basis. This transaction does not alter the percentage shareholding of the listed entity, which retains control through the subsidiary structure.

Koppal Toys Molding COE Private Limited is engaged in the manufacturing and molding of toys and toy products. Incorporated on August 16, 2021, the entity operates solely in India. While the transaction falls within related party definitions, it is exempt under Regulation 23(5) of the SEBI Listing Regulations, 2015, as it occurs between holding and wholly owned subsidiaries. No further governmental or regulatory approvals were required for the investment.

The financial performance of Koppal Toys for the year ended March 31, 2026, shows a turnover of ₹11.77 crore against a loss after tax of ₹9.41 crore. The net worth of the entity stood at ₹8.21 crore as of the same date. The infusion of funds aims to provide necessary liquidity for the subsidiary's business needs.

Financial History of Koppal Toys Molding COE Private Limited

Ravi Mallikarjun Hugar, Company Secretary and Compliance Officer, signed the filing on behalf of Aequs Limited. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, 2015.

Aequs Limited reported a standalone net profit of ₹497.99 million for the financial year ended March 31, 2026, marking a turnaround from the net loss of ₹740.78 million recorded in the previous year. Revenue from operations for the year rose to ₹1,238.58 million from ₹922.39 million in FY25. Total income for the period stood at ₹1,783.92 million, compared to ₹1,118.11 million in the corresponding previous year. The company’s board approved the financial results at a meeting held on May 26, 2026.

The company’s earnings before finance cost, depreciation, amortisation, exceptional items, and tax (EBITDA) for FY26 were reported at ₹555.87 million, a significant increase from ₹274.17 million in the prior year. For the quarter ended March 31, 2026, the standalone net profit was ₹521.64 million, compared to a loss of ₹805.90 million in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹367.09 million.

Financial Performance

The table below outlines the key standalone financial metrics for Aequs Limited for the quarter and year ended March 31, 2026:

Exceptional Items and Corporate Actions

During the year, the company reported exceptional gains of ₹187.45 million, which included the reversal of a bonus provision of ₹89.87 million following a voluntary waiver by the Executive Chairman and Chief Executive Officer. The company also reversed past impairment of ₹234.39 million on its investment in joint venture SQuAD Forging India Private Limited due to improved performance. Additionally, the board approved a scheme of amalgamation for three wholly owned subsidiaries—AeroStructures Manufacturing India Private Limited, Aequs Engineered Plastics Private Limited, and Aequs Force Consumer Products Private Limited—with the company, though necessary approvals are pending.

Auditor’s Report and Compliance

M/s. B S R & Co. LLP, Statutory Auditors of the Company, issued an audit report with an unmodified opinion on the standalone and consolidated annual financial results for FY26. The results were reviewed by the Audit Committee and approved by the Board of Directors. The company submitted the outcome of the board meeting to the exchanges in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.