Paul Merchants Limited , a prominent player in the financial services sector, has announced a significant corporate development regarding its wholly owned subsidiary. The company recently informed the Bombay Stock Exchange (BSE) about a regulatory approval that affects its real estate arm.

Subsidiary Rebranding

The Registrar of Companies has given its approval for the renaming of Paul Merchants Limited's wholly owned subsidiary. The change transforms the entity formerly known as PML Realtors Private Limited to Paul Merchants Realtors Private Limited. This modification took effect on November 18, 2025.

Regulatory Compliance

The company's announcement adheres to the Securities and Exchange Board of India (SEBI) listing obligations, demonstrating its commitment to transparency and regulatory compliance. The information was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Name Change

Implications

The name change aligns the subsidiary's identity more closely with its parent company, Paul Merchants Limited. This move may be part of a branding exercise to strengthen brand recognition across the company's various business segments.

While the rebranding of the real estate subsidiary could potentially indicate an increased focus on the realty sector by Paul Merchants Limited, the company has not provided any additional information about changes in business strategy or operations related to this name change.

Paul Merchants ' wholly owned subsidiary, PML Realtors Private Limited, has approved a significant rights issue to raise capital. The move aims to bolster the company's working capital and support general corporate purposes.

Rights Issue Details

The Board of Directors of PML Realtors Private Limited (PRPL) has given the green light to issue 2.85 crore equity shares through a rights issue. Here are the key details of the offering:

Implications for Paul Merchants

As the parent company and sole shareholder of PML Realtors, Paul Merchants will be offered the entire rights issue. This move allows the parent company to maintain its 100% ownership in the subsidiary while providing necessary funds for PRPL's operations.

Purpose of the Rights Issue

The funds raised through this rights issue are earmarked for two primary purposes:

1. Meeting working capital requirements
2. General corporate purposes

This capital infusion is expected to strengthen PML Realtors' financial position and support its ongoing operations and potential growth initiatives.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures transparency and keeps shareholders and the market informed about significant corporate actions.

The rights issue by PML Realtors Private Limited represents a strategic move to secure additional capital while maintaining the current ownership structure. This capital raise could provide PML Realtors with the financial flexibility needed to navigate market challenges and capitalize on emerging opportunities in the real estate sector.