Gold Rock Investments Ltd — Updates, 18-07-2025: Company Update
18-07-2025 | 09:14 pm
18-07-2025 | 09:14 pm
Gold Rock Investments announced that SEATTLE ONLINE PRIVATE LIMITED is no longer its subsidiary. This occurred after SEATTLE completed a rights issue, allotting 6.75 lakh new equity shares. Since Gold Rock held only preference shares and no equity, its stake was diluted. Gold Rock's shareholding in SEATTLE is now 6.74% of the total, falling below the threshold required for subsidiary status. This change became effective on June 26, and SEATTLE was not a material subsidiary.
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