Chemkart India Ltd — Important, 17-06-2026: Company Update

Chemkart India Limited has invested Rs 1 crore in its wholly-owned subsidiary, Easy Raw Materials Private Limited, by acquiring 10 lakh equity shares through a rights issue at Rs 10 each. This strategic investment is part of utilizing the IPO proceeds to commission the subsidiary's manufacturing unit. Easy Raw Materials, engaged in trading pharma products, reported NIL turnover, a loss of Rs 0.59 crore, and a net worth of Rs 5.79 crore as of March 31, 2026. Chemkart maintains its 100% shareholding in the subsidiary.