Polo Queen Places a ₹2.5 Cr Bet on Growth—Subsidiary Gets a Royal Boost

The board of Polo Queen Industrial and Fintech Ltd. sanctioned a proposed investment of ₹25 million (₹2.5 crore) in one of its wholly-owned subsidiaries, according to a regulatory filing with the Bombay Stock Exchange (BSE). The move is aimed at increasing the unit's operational capabilities and driving growth in the FMCG and IT infrastructure segments.

 

The company, whose business interests include FMCG, pharma, minerals trade, and development of IT parks, stated that the funds will be used to enhance working capital, increase production and distribution networks, and support business growth.

 

Key Highlights

Strategic Context

Polo Queen has been repositioning its business aggressively to consumer-facing product offerings and developing digital infrastructure. The company's latest results have seen a year-on-year top-line expansion of 17% and have annihilated its debt over the two financial years.

 

This investment is part of the company's broader vision of synergizing its multi-divisional business and leveraging its brand presence in Tier 2 and Tier 3 cities.

 

We are committed to value creation for the long term through strategic investments in high-potential verticals," a company spokesperson averred.

 

Sources: Polo Queen Official Website, BSE India, Screener, Economic Times, Trendlyne