Anant Raj Limited — Important, 20-07-2026: Committee Meeting Updates
20-07-2026 | 03:05 pm
20-07-2026 | 03:05 pm
Anant Raj Limited's Finance and Investment Committee has approved an additional investment of Rs. 74.86 Crore in its wholly-owned subsidiary, Ashok Cloud Private Limited (ACPL). This investment, made by acquiring 37,43,22,553 equity shares via a rights issue, will fund ACPL's crucial data center and cloud business development. While significantly boosting ACPL's paid-up capital from Rs. 5 lakh, Anant Raj Limited will retain its 100% shareholding, underlining its commitment to this growing segment. This move supports the subsidiary's future operational growth and expansion in the data center business.
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