Landmark Cars Invests ₹80 Crore in Wholly Owned Subsidiaries
Landmark Cars Limited announced today, December 31, 2025, that its Board of Directors has approved an investment of ₹80,00,00,000 (Rupees Eighty Crores) into its wholly-owned subsidiaries. This invest...
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Why is Landmark Cars Limited in the news today?
Landmark Cars Limited (LANDMARK) is in the news due to the investment is a routine internal restructuring and does not immediately indicate a significant positive or negative shift in the company's financial performance or strategic direction.
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Landmark Cars Invests ₹80 Crore in Wholly Owned Subsidiaries
December 31, 2025, 01:39 PM
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Landmark Cars Limited announced today, December 31, 2025, that its Board of Directors has approved an investment of ₹80,00,00,000 (Rupees Eighty Crores) into its wholly-owned subsidiaries. This investment will be made through the subscription to the rights issue of Optionally Convertible Redeemable Preference Shares.
The investment is allocated as follows: ₹25,00,00,000 into Aeromark Cars Private Limited (ACPL), ₹35,00,00,000 into Landmark Premium Cars Private Limited (LPCPL), and ₹20,00,00,000 into Landmark Mobility Private Limited (LMPL). Each share has a face value of ₹10.
The primary objective of this investment is to reduce the outstanding loans of Landmark Cars Limited within these subsidiaries. All three subsidiaries operate within the automobile industry, dealing with the sales and after-sales services of various car brands. ACPL focuses on MG cars, LPCPL on KIA cars, and LMPL on Mahindra and Mahindra cars. The investment is expected to be completed by March 31, 2025. This transaction falls under related party transactions, as the company is the promoter of these wholly-owned subsidiaries.
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