Amara Raja Energy Mobility Ltd (ARE&M)
General Updates
Board approved incorporation of wholly owned subsidiary 'Amaron Assist Private Limited' in Telangana, India. The subsidiary will focus on automotive, battery, and spares services under the brand 'Amaron Assist'. Initial investment up to Rs. 100 crores planned via equity/loan/securities. No special regulatory approvals needed beyond standard incorporation filings. Company to hold 100% equity post incorporation.
Source: Original filing PDF
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🚨 ARE&M — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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