Pee Cee Cosma Sope's Executive Committee has approved an investment of up to 5 Cr in its wholly-owned subsidiary, India Trading Infra Limited.

This investment, made through a rights issue for up to 50 lakh equity shares at Rs. 10 each, is a cash infusion.

The capital will strengthen the subsidiary's financial position, addressing working capital needs and supporting the expansion of its infrastructure materials trading business.

India Trading Infra, which had a turnover of 0.23 Cr, will benefit from improved liquidity and smoother operations.