Aequs Ltd

📊 Aequs Ltd Invests ₹9.3 Cr in Cookware JV – Key Financials Revealed

- Aequs Limited invested ₹9.3 Cr in ACPL via a rights issue, acquiring 18.16 lakh shares at ₹51.19 per share.

- ACPL's FY25 financials: ₹16 Cr turnover, ₹5.57 Cr loss after tax, and ₹4.87 Cr net worth.

- The investment aligns with Aequs Limited’s IPO proceeds utilization plan.

- ACPL, incorporated in June 2024, manufactures cookware and kitchenware appliances in India.

- The transaction maintains Aequs Limited’s 50% stake in ACPL and was conducted at arm’s length.