Cybele Industries Ltd — Important, 10-11-2025: Company Update
10-11-2025 | 07:36 pm
10-11-2025 | 07:36 pm
Cybele Industries' Board has approved investing up to Rs. 7 crore each in its wholly-owned subsidiaries, Cybele Electronics Private Limited and Cybele Electra Private Limited. This investment, through a rights issue, aims to provide crucial financial support for working capital, debt repayment, and strategic backing. Cybele Electronics, engaged in manufacturing wires and cables, reported a turnover of Rs. 1.29 crore in FY24-25. Cybele Electra, focused on trading wires and cables, recorded a turnover of Rs. 1.35 crore in the same period. This move supports their ongoing operations and expansion plans.
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