Heranba Industries Merger & Restructuring
Heranba Industries Limited has completed its subscription to the rights issue of its wholly-owned subsidiary, Mikusu India Private Limited, by acquiring 2,49,50,000 equity shares at par.
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Heranba Industries Limited has completed its subscription to the rights issue of its wholly-owned subsidiary, Mikusu India Private Limited, by acquiring 2,49,50,000 equity shares at par.
Heranba Industries invested Rs. 24.95 Crore in its wholly-owned subsidiary, Mikusu India, through an equity share allotment. This capital supports Mikusu's business operations.
Heranba Industries will invest up to ₹25 Crore into its wholly-owned subsidiary, Mikusu India Private Limited, via a rights issue to support growth.