Chemkart India Limited has invested an additional Rs. 1.48 Crores in its subsidiary, Easy Raw Materials Private Limited, through a Rights Issue.

This investment, made by acquiring 14,85,000 shares at Rs. 10 each, aligns with the company's IPO objectives to fund the subsidiary's working capital needs.

Easy Raw Materials, engaged in trading pharma products and nutritional supplements, reported NIL turnover and a loss of Rs. 0.13 Cr for the fiscal year ending March 2025. Chemkart's 99% shareholding in the subsidiary remains unchanged post-investment, underscoring continued strategic support for this segment.