CIE Automotive India Limited — JV/Acquisition, 04-09-2026: Acquisition

CIE Automotive India has injected `120.76 Cr` into its wholly-owned subsidiary, CIE Hosur Limited, through a rights issue to acquire `69.4 lakh` additional shares. This cash infusion aims to bolster CIE Hosur's financial position, earmarked for repaying intercorporate loans, funding essential capital expenditure, and supporting general corporate activities. CIE Hosur, a key player in the automotive industry, reported `1,751.95 Million` in turnover for 2025. This investment reinforces CIE Automotive's strategic commitment to its subsidiary's growth and operational strength within the auto sector.