• SENSEX 73,246.03
    -352.64 (--0.48%)
  • BANKNIFTY 53,974.90
    -391.80 (--0.72%)
Back

Corporate News

Maharaja & Speedex invested Rs 646.80 lakhs in Dewdrop Bottles for expansion and loan repayment
27-Oct-2026, 08:00

Maharaja & Speedex India Limited invested Rs 646.80 lakhs by subscribing to 147,000 equity shares in its wholly-owned subsidiary, Dewdrop Bottles Private Limited, through a rights issue, according to a regulatory filing. The funds will be used by Dewdrop Bottles to meet capital expenditure requirements, including purchasing plant and machinery and repaying an existing loan from ICICI Bank, furthering the expansion plans outlined in the company’s initial public offering prospectus.