Subex subsidiary completes AED 14.63 million investment in UAE entity
Subex Limited, through its wholly-owned subsidiary Subex Assurance LLP, has completed a significant investment of AED 14.63 million towards the subscription of equity shares in its step-down subsidiary, Subex Middle East (FZE), which is incorporated in the UAE. This remittance follows an earlier disclosure dated August 11, 2025.
The investment aligns with the approval granted by the company's board of directors during a meeting held on August 11, 2025. This strategic decision is aimed at supporting the working capital requirements of Subex Middle East (FZE) and fostering sustained business growth for the company.
The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Ramu Akkili, company secretary & compliance officer of Subex Limited on October 6, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Subex publishes news
Free account required • Unsubscribe anytime