Shree Renuka Sugars Limited — JV/Acquisition, 11-11-2025: Acquisition

Shree Renuka Sugars has completed a significant financial restructuring for its wholly-owned subsidiary, KBK Chem-Engineering. The company has invested Rs 57.37 Cr into KBK by subscribing to new equity shares. This transaction involved converting an existing loan previously extended to KBK into equity, thereby strengthening the subsidiary's balance sheet. This move enhances KBK's capital structure and converts a debt into a permanent equity stake for the parent company, solidifying its investment in the subsidiary.