Chemkart India Limited Invests Rs. 2.00 Crores in Wholly Owned Subsidiary Through Rights Issue

2 min read     Updated on 12 Mar 2026, 03:34 PM
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Overview

Chemkart India Limited invested Rs. 2.00 crores in wholly owned subsidiary Easy Raw Materials Private Limited through rights issue of 20,00,000 equity shares at Rs. 10/- each. The investment is part of IPO proceeds utilization for commissioning the subsidiary's manufacturing unit in nutraceuticals and health supplements sector. Easy Raw Materials, incorporated in 2020, currently shows NIL turnover with negative net worth of 11.93 lakhs as of March 2025.

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Chemkart India Limited has announced a strategic investment of Rs. 2.00 crores in its wholly owned subsidiary, Easy Raw Materials Private Limited, through a rights issue mechanism. The investment, disclosed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015, represents a significant step in the company's expansion plans as outlined in its Initial Public Offering prospectus.

Investment Details and Structure

The investment was executed through the issue and allotment of 20,00,000 equity shares of Easy Raw Materials Private Limited. Each share carries a face value of Rs. 10/- and was issued at the face value price of Rs. 10/- per share.

Parameter: Details
Investment Amount: Rs. 2.00 Crores
Number of Shares: 20,00,000
Face Value per Share: Rs. 10/-
Issue Price per Share: Rs. 10/-
Shareholding (Pre & Post): 100.00%

Subsidiary Company Profile

Easy Raw Materials Private Limited operates in the nutraceuticals and health supplements manufacturing sector, specifically focusing on trading of pharma products and nutritional supplements. The company was incorporated in 2020 and maintains its operations in India.

Financial Position

Financial Metric: As on March 31, 2025
Turnover: NIL
Loss After Tax: 12.68 Lakhs
Net Worth: Negative (11.93) Lakhs
Turnover (Last 3 Years): NIL

Capital Structure Post-Investment

Capital Component: Amount/Details
Authorized Share Capital: Rs. 10,00,00,000/-
Number of Authorized Shares: 1,00,00,000
Paid-Up Share Capital (Post Allotment): Rs. 6,51,00,000/-
Number of Paid-Up Shares: 65,10,000

Strategic Rationale and IPO Proceeds Utilization

This investment forms part of the systematic utilization of proceeds from Chemkart India's Initial Public Offering, as specified in the company's prospectus dated July 10, 2025. The primary objective of this capital infusion is to commission the manufacturing unit of Easy Raw Materials Private Limited, aligning with the company's strategic expansion into the nutraceuticals and health supplements manufacturing sector.

Regulatory Compliance and Related Party Considerations

The transaction has been structured as a related party transaction, given Easy Raw Materials Private Limited's status as a wholly owned subsidiary. The company has confirmed that the transaction is conducted at arm's length principles, ensuring compliance with regulatory requirements. The investment was made through cash consideration and did not require any governmental or regulatory approvals beyond standard compliance procedures.

Chemkart India Limited maintains 100.00% shareholding in Easy Raw Materials Private Limited both before and after this rights issue, reinforcing its complete control over the subsidiary's operations and strategic direction.

Historical Stock Returns for Chemkart

1 Day5 Days1 Month6 Months1 Year5 Years
-3.03%+2.56%-2.80%-49.51%-59.92%-59.92%

Chemkart India Promoter Shailesh Mehta Increases Stake Through Open Market Acquisition

1 min read     Updated on 13 Feb 2026, 10:09 AM
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Reviewed by
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Overview

Shailesh Vinodrai Mehta, promoter of Chemkart India Limited, acquired 52,200 equity shares through open market purchase on BSE on February 11, 2026. The transaction increased his shareholding from 17,407 shares (0.14%) to 69,607 shares (0.58%) of the company's total equity capital. The disclosure was made under SEBI's substantial acquisition regulations, with the company's total equity capital remaining at INR 12,09,90,000 comprising 1,20,99,000 shares of Rs. 10 each.

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Chemkart India Limited's promoter Shailesh Vinodrai Mehta has acquired additional equity shares in the company through open market transactions, as disclosed under SEBI's substantial acquisition regulations. The acquisition represents a strategic increase in the promoter's stake in the specialty chemicals company.

Transaction Details

The acquisition involved 52,200 equity shares of face value INR 10 each, purchased through open market transactions on BSE Limited on February 11, 2026. The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Transaction Parameter: Details
Shares Acquired: 52,200 equity shares
Face Value: INR 10 per share
Transaction Date: February 11, 2026
Mode of Acquisition: Open market purchase on BSE
Exchange: BSE Limited

Shareholding Changes

The acquisition has resulted in a notable increase in Mehta's shareholding percentage in Chemkart India Limited. His stake has grown from a relatively modest holding to a more substantial position in the company.

Holding Details: Pre-Acquisition Post-Acquisition Change
Number of Shares: 17,407 69,607 +52,200
Percentage Holding: 0.14% 0.58% +0.43%
Value of Increase: - 0.43% of equity -

Company Capital Structure

Chemkart India Limited's equity capital structure remains unchanged following this transaction. The company maintains its current capitalization with no dilution of existing shareholdings.

Capital Structure: Details
Total Equity Capital: INR 12,09,90,000
Total Number of Shares: 1,20,99,000
Face Value per Share: Rs. 10
Company Identification: CIN - L51220MH2020PLC338631

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisitions of shares. Shailesh Vinodrai Mehta, identified as a promoter of the company, submitted the required documentation to BSE Limited and copied the Company Secretary and Compliance Officer. The transaction demonstrates adherence to transparency requirements for promoter share acquisitions in listed companies.

The acquisition strengthens the promoter's commitment to the company while maintaining compliance with regulatory disclosure norms. Chemkart India Limited continues to operate with its existing capital structure, with the promoter group showing increased participation in the company's equity ownership.

Historical Stock Returns for Chemkart

1 Day5 Days1 Month6 Months1 Year5 Years
-3.03%+2.56%-2.80%-49.51%-59.92%-59.92%

More News on Chemkart

1 Year Returns:-59.92%