Chemkart invests ₹10 lakh in subsidiary Vinstar Biotech

1 min read     Updated on 20 Jun 2026, 04:50 PM
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AI Summary

Chemkart India invested ₹10 lakh in its wholly-owned subsidiary Vinstar Biotech via a rights issue to fund capital and working capital needs. The subsidiary, an R&D-driven nutraceutical firm, reported a turnover of ₹223.43 Lakhs for FY26 but remained loss-making.

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Chemkart India has invested ₹10 lakh in its wholly-owned subsidiary, Vinstar Biotech Private Limited, through a rights issue. The investment was made to support the subsidiary's capital expenditure and working capital requirements.

The company allotted 1,00,000 equity shares with a face value of ₹10 each at an issue price of ₹10 per share. Following this allotment, Chemkart India continues to hold 100% of the shareholding in Vinstar Biotech. The transaction was conducted at arm's length and falls under the ambit of related party transactions.

Vinstar Biotech is an R&D-driven nutraceutical company incorporated in 2023. It specializes in proprietary bioactive technologies and the commercial distribution of health and nutraceutical products. The entity focuses on liposomal and microencapsulated delivery platforms to enhance the bioavailability of health supplements, vitamins, and amino acids.

As of March 31, 2026, Vinstar Biotech reported a turnover of ₹223.43 Lakhs. The entity recorded a loss after tax of ₹24.72 Lakhs and a net worth of negative ₹34.69 Lakhs. The subsidiary had no turnover in the financial years 2023-24 and 2024-25.

Financial Details of Vinstar Biotech

Metric Details
Authorized Share Capital ₹15,00,000 divided into 1,50,000 Equity Shares of ₹10 each
Paid Up Share Capital (Post Allotment) ₹11,00,000 divided into 1,10,000 Equity Shares of ₹10 each
Turnover (as on March 31, 2026) ₹223.43 Lakhs
Loss after Tax (as on March 31, 2026) ₹(24.72) Lakhs
Net Worth (as on March 31, 2026) ₹(34.69) Lakhs

Historical Stock Returns for Chemkart

1 Day5 Days1 Month6 Months1 Year5 Years
-4.98%+3.56%+14.44%+12.64%-43.32%-43.32%

What is the timeline for Vinstar Biotech to achieve profitability given its current negative net worth?

Will Chemkart India need to provide additional capital infusions to sustain Vinstar's operations?

How does Vinstar Biotech plan to scale its proprietary liposomal technology to improve margins?

Chemkart India promoter acquires 2,400 shares via open market

1 min read     Updated on 19 Jun 2026, 03:31 PM
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Jaini Shailesh Mehta, a promoter at Chemkart India Limited, acquired 2,400 equity shares through open market transactions on BSE Limited on June 12 and June 18, 2026. The acquisition increased her total holding to 4,207 shares, representing 0.03% of the paid-up equity share capital.

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Jaini Shailesh Mehta, a member of the promoter group at Chemkart India Limited , has increased her shareholding by acquiring 2,400 equity shares through open market transactions on BSE Limited. The transactions were executed on June 12 and June 18, 2026, as disclosed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. This acquisition raises the acquirer's stake in the company, though the overall equity capital remains unchanged.

The filing details that the face value of each equity share is INR 10. Prior to these transactions, Mehta held 1,807 shares, representing 0.01% of the company's equity share capital. Following the acquisition of 2,400 shares, her total holding stands at 4,207 shares, which constitutes 0.03% of the total paid-up equity share capital.

The total equity share capital of Chemkart India Limited remains INR 12,09,90,000, comprising 1,20,99,000 equity shares of INR 10 each. The disclosure confirms that the mode of acquisition was strictly through the open market on BSE Limited, with no other modes of disposal or acquisition reported in this specific filing.

Breakdown of Shareholding

The following table outlines the changes in shareholding for Jaini Shailesh Mehta following the recent acquisitions:

Name of Acquirer Pre-holding (Shares) Pre-holding (%) Shares Purchased % of Shares Purchased Post-Holding (Shares) Post-holding (%)
Jaini Shailesh Mehta 1,807 0.01% 2,400 0.02% 4,207 0.03%
Total 1,807 0.01% 2,400 0.02% 4,207 0.03%

The disclosure was submitted to BSE Limited and acknowledged by the company's compliance officer. The regulatory filing ensures transparency regarding the substantial acquisition of shares by the promoter group member.

Historical Stock Returns for Chemkart

1 Day5 Days1 Month6 Months1 Year5 Years
-4.98%+3.56%+14.44%+12.64%-43.32%-43.32%

Does this increase in shareholding by a promoter group member signal potential future expansion plans for Chemkart India Limited?

Could this acquisition lead to further accumulation of shares by other members of the promoter group in the near term?

How might the market interpret this insider buying regarding the company's upcoming financial performance?

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