Wholly Owned Subsidiary Completes Final Tranche of Rs. 550 Crores Share Subscription
KAMA Realty (Delhi) Ltd (KRDL), a wholly owned subsidiary, has allotted in aggregate 93,221 equity shares of face value Rs. 10 each at a premium of Rs. 58,990 per share to the parent company, aggregating to approximately Rs. 550 Crores.
By ScoutQuest · · 1 min read
- Shares Allotted
- 93,221 equity shares
- Face Value per Share
- Rs. 10
- Premium per Share
- Rs. 58,990
- Total Subscription Amount
- Approximately Rs. 550 Crores
- Agreement Date
- September 9, 2026
What was announced
The company informed the exchange that its wholly owned subsidiary, KAMA Realty (Delhi) Limited (KRDL), has completed the final tranche of the private placement of equity shares to the parent company.
The numbers
- Shares allotted in aggregate: 93,221 equity shares
- Face value: Rs. 10 each
- Premium: Rs. 58,990 per equity share
- Total subscription amount: approximately Rs. 550 Crores
What it means
This is an internal, intra-group transaction: the parent has subscribed to shares issued by its own wholly owned subsidiary on a private placement basis, under the Share Subscription Agreement earlier intimated on September 9, 2026.
With this allotment, the subscription envisaged under the agreement stands fully completed and closed. The company states that the allotment has not resulted in any change in control, management or ultimate beneficial ownership of KRDL, which continues to remain a wholly owned subsidiary.
More numbers
- Equity shares allotted by KRDL93,221 equity shares
- Face value per shareRs. 10 each
- Premium per equity shareRs. 58,990 per equity share
- Aggregate subscription amountapproximately Rs. 550 Crores
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