Kalyan Jewellers India Limited (KALYANKJIL)
Announcement under Regulation 30 of SEBI LODR
Inter-company loans of USD 12.03 mn converted into equity shares in wholly owned US subsidiary Kalyan Jewelers Inc.
- Conversion aims to strengthen subsidiary's capital structure and improve profitability
- No change in parent company's 100% ownership
- Subsidiary turnover USD 26.02 mn in FY26, USD 3.25 mn in FY25
- Subsidiary incorporated in 2017, engaged in retail jewellery sales in USA
- Transaction compliant with applicable laws and at arm's length
Source: Original filing PDF
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