Atul Auto Invests ₹18.34 Cr In Auto Finance Unit

AUTO: Atul Auto Ltd. has invested ₹18.34 crore in its wholly owned subsidiary, Khushbu Auto Finance, through a rights issue of shares. Following the latest investment, the company’s total investment in Khushbu Auto Finance has increased to approximately ₹96.15 crore. The additional capital infusion strengthens the financial base of the subsidiary and supports its ongoing business activities within the vehicle-financing ecosystem. Khushbu Auto Finance operates as a wholly owned subsidiary of Atul Auto, and the latest investment represents a further allocation of capital by the parent company into the financing business. A rights issue is a capital-raising mechanism through which existing shareholders or eligible investors are offered securities in proportion to their existing holdings, subject to the applicable terms and regulatory requirements. The latest ₹18.34 crore investment is therefore part of the company’s broader capital deployment into its subsidiary. The actual utilisation and business impact of the additional funds will depend on the subsidiary’s operating requirements, lending activity, funding needs and future business performance. Market participants may track subsequent company disclosures for updates on Khushbu Auto Finance, capital deployment and developments across Atul Auto’s business operations. This information is shared strictly as a corporate and market update for informational purposes and should not be considered investment advice, research analysis, or a recommendation to buy or sell any security.