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Allotted 52,500 equity shares of subsidiary AQ Capital Services in its rights issue
Company allotted 52,500 equity shares of subsidiary AQ Capital Services Pvt Ltd (AQCSPL) in its rights issue, at ₹100 per share — ₹52.5 lakh in cash.
By ScoutQuest · · 2 min read
₹ 100/-Issue price per equity share
Securities premium per equity share₹90/-
Face value per equity share₹10/-
- Shares Allotted
- 52,500 equity shares of AQ Capital Services Pvt Ltd
- Issue Price
- ₹100 per share (face value ₹10, premium ₹90)
- Total Consideration
- ₹52.5 lakh in cash
What the company informed the exchanges
- The company subscribed to the rights issue of its subsidiary, AQ Capital Services Private Limited (AQCSPL).
- It has been allotted 52,500 equity shares of face value ₹10/- each, at an issue price of ₹100/- per equity share.
- The issue price includes a securities premium of ₹90/- per equity share.
- The total amount comes to ₹52.5 lakh, and the consideration was cash.
- The shares were allotted on October 14, 2026.
How the holding is affected
- The update states there will be no change in the company's shareholding in AQCSPL.
- AQCSPL will continue to remain a subsidiary of the company, with a holding of 75%.
- The paid-up capital of AQCSPL, post allotment under the rights issue, is ₹8,00,000.
What the subsidiary does
- AQCSPL was incorporated on November 27, 2024, and has a presence in India.
- Its line of business is Registrar and Transfer Agent. It has not commenced operations yet and is in the process of taking registration to act as a Registrar and Transfer Agent.
- Turnover as on March 31, 2026 is Nil, since operations have not yet commenced, and the turnover for the last three financial years is also Nil.
Why the money is being put in
- The company says the investment is being made to support AQCSPL's financial and business requirements and to strengthen its financial position.
- The funds raised through the rights issue will also be utilised for the SEBI registration cost, other cost and running cost.
- The transaction is between a holding company and its subsidiary, and the update states it is done at arm's length.
How a retail investor can read this
- This is a cash infusion into a subsidiary where the listed company already holds 75%, made by subscribing to a rights issue rather than buying shares from an existing holder.
- Because the shareholding percentage does not change, the money is going in without altering the ownership structure of AQCSPL.
- The subsidiary is a pre-revenue entity — it is still awaiting registration and the funds are earmarked partly for registration and running costs. Its earnings contribution would be visible only once the business starts operations.
75%Company's holding in AQCSPL
More numbers
- Equity shares allotted in AQCSPL rights issue52,500
- Face value per equity share₹10/-
- Issue price per equity share₹ 100/-
- Securities premium per equity share₹90/-
- Total amount subscribed₹ 52,50,000/-
- Company's holding in AQCSPL75%
- Paid-up capital of AQCSPL post allotment₹8,00,000
Source: BSE · 14 Oct 2026
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