Dhoot Transmission Limited has subscribed to 2,50,000 equity shares of €1 each in its wholly-owned subsidiary, Dhoot Transmission GmbH, for an aggregate cash consideration of €2,50,000 (approximately Rs. 2.82 crore). This investment is intended to fund the subsidiary’s working capital needs, business growth, and expansion efforts in the automotive and related industries. The subsidiary, incorporated in Germany in December 2024, focuses on engineering services.
Dhoot Transmission Invests in German Subsidiary
On October 30, 2026, Dhoot Transmission Limited announced its investment in its wholly-owned subsidiary, Dhoot Transmission GmbH. The company subscribed to 2,50,000 equity shares, each with a face value of €1, at a premium of €1 per share. The total investment amounted to €2,50,000, which is equivalent to approximately Rs. 2,82,05,530.
Purpose of Investment
The additional capital infused into Dhoot Transmission GmbH is earmarked to meet the subsidiary’s working capital requirements, support its ongoing business growth, and facilitate its expansion initiatives. The subsidiary is authorized to engage in engineering services, customer acquisition, and conducting off-project discussions within the automotive and related industries, as per its charter documents.
Dhoot Transmission GmbH Overview
Dhoot Transmission GmbH was incorporated on December 12, 2024, as a private limited company under the laws of the Federal Republic of Germany. The company’s registered office is located at Reutherstraße 13, 53773 Hennef, Germany. For the financial year ended March 31, 2026, Dhoot Transmission GmbH reported a turnover of € Nil and a net worth of €45,718.57. Dhoot Transmission Limited holds 100% shareholding in the subsidiary, and this transaction is conducted at arm’s length.
Source: BSE
