Royal India Corporation Ltd — Important, 03-08-2026: Company Update
03-08-2026 | 07:40 pm
03-08-2026 | 07:40 pm
Royal India Corporation's wholly-owned subsidiary, Suryam India Minecorp Private Limited, has completed the sale of 10% equity shares in Exclusive Quarries Private Limited (EQPL) to Sumantra Techsoft Private Limited for Rs. 1.44 Cr. Following this divestment, EQPL is no longer a step-down subsidiary of Royal India Corporation. This strategic move streamlines the company's structure by reducing its stake in EQPL, potentially allowing for a sharper focus on core operations or capital redeployment.
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