Systematix Corporate Services (BOM:526506) has invested an additional 100 million Indian rupees in its wholly-owned subsidiary Systematix Wealth and Assets Services, according to a Friday filing to the Indian stock exchanges.
The investment was made in the subsidiary by subscribing to 10 million equity shares of 10 rupees each through a rights issue for working capital requirements for Systematix Wealth's business.
Systematix Wealth focuses on alternative investment funds, wealth management and distribution services of various financial products.
The company's shares were down 3% in recent trade.
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