Aequs Ltd
Aequs Ltd Announces Major Subsidiary Amalgamation 📊
• Combined group turnover: ₹6,763 million
• Combined group PAT: -₹902 million loss
• ASMIPL: ₹5,082M turnover with ₹331M profit
• Aequs Limited: ₹922M turnover with ₹736M loss
• AEPPL: ₹547M turnover with ₹284M loss
• AFCPPL: ₹212M turnover with ₹213M loss
• Amalgamation approved for three wholly-owned subsidiaries into parent company
• Rationale includes operational synergies, cost savings, and simplified management
• No change in shareholding pattern expected