| <p>Maharaja & Speedex India Limited invested Rs 19.80 crore in its wholly owned subsidiary, Dewdrop Bottles Private Limited, by subscribing to 4,50,000 equity shares through a rights issue, according to a regulatory filing. The funds will be used by Dewdrop Bottles Private Limited for capital expenditure, including the purchase of plant and machinery for its existing manufacturing facility, and supports the expansion of the subsidiary's manufacturing capabilities, aligning with the company's initial public offering objects.</p> |