Maharaja & Speedex India Ltd (SPEEDEX) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Maharaja & Speedex India Ltd on NSE and BSE, with an AI summary of each filing.
Company has Invested 6.47 Cr. in its Wholly Owned Subsidiary by Subscribing 1,47,000 equity shares Pursuant to Right issue
Others (Uncategorized) · 28 Oct 2026, 12:10 am
Maharaja & Speedex Infuses ₹6.47 Crore in Wholly Owned Subsidiary via Rights Issue Maharaja & Speedex India Ltd. invested ₹646.80 lakhs in its wholly owned subsidiary, Dewdrop Bottles Pvt. Ltd., subscribing to 1,47,000 equity shares at ₹440 per share via a rights issue. Aligned with IPO objects stated in its 16th Sep'26 prospectus, the capital infusion will fund plant and machinery capex for manufacturing expansion and repay existing ICICI Bank debt. Dewdrop Bottles reported FY26 turnover of ₹8,897.82 lakhs, up from ₹5,569.68 lakhs in FY25 and ₹2,727.86 lakhs in FY24, maintaining its 100% subsidiary status.
Company has Invested RS. 19.80 Cr. in its Wholly Owned Subsidiary, Dewdrop Bottles Private Limited by subscribing to 4,50,000 Equity shares through Right Issue.
Others (Uncategorized) · 28 Oct 2026, 12:03 am
Maharaja & Speedex Invests ₹19.80 Crore in Subsidiary via Rights Issue Maharaja & Speedex India has invested ₹19.80 crore in its wholly owned subsidiary, Dewdrop Bottles Private Limited, by subscribing to 4,50,000 equity shares at ₹440 each via a rights issue. Aligned with the IPO objects stated on 16th Sep'26, the capital will fund capex for plant and machinery to expand manufacturing capabilities at Dewdrop's existing facility. Dewdrop, which manufactures stainless-steel bottles and cookers, reported strong turnover growth from ₹27.28 crore in FY24 to ₹88.98 crore in FY26. Post-transaction, Dewdrop remains a 100% wholly owned subsidiary.
Company has invested Rs. 19.80 Cr. in its wholly owned Subsidiary, Dewdrop Bottles Private Limited by subscribing to 4,50,000 equity shares pursuant to the right issue of the subsidiary
Others (Uncategorized) · 25 Sept 2026, 10:30 pm
Maharaja & Speedex India Invests ₹19.80 Crore in Wholly Owned Subsidiary Maharaja & Speedex India has invested ₹19.80 crore in its wholly owned subsidiary, Dewdrop Bottles Private Limited, by subscribing to 4,50,000 equity shares at ₹440 per share via a rights issue. Aligned with the IPO objects stated in the 16th Sep'26 prospectus, the funds will fund capital expenditure, specifically procuring plant and machinery for Dewdrop's manufacturing facility expansion. Dewdrop, which remains a 100% subsidiary, reported FY 2025-26 turnover of ₹88.98 crore, up from ₹55.70 crore in FY 2024-25.