# CIE Automotive India invests ₹121 crore in subsidiary CIE Hosur

CIE Automotive India invested ₹120.76 crore in its wholly owned subsidiary CIE Hosur Limited by acquiring 69.4 lakh equity shares on a rights basis. The funds will be used for repayment of intercorporate loans, capital expenditure and general corporate purposes.

- Type: Investment
- Announced: 2026-09-04
- Where: Hosur, Tamil Nadu, India
- Value: $14.5M (1.21B INR)
- Status: completed
- Products: automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [CIE Automotive India](https://endata.com/companies/93851.md)
- [CIE Hosur](https://endata.com/companies/93852.md) (target)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/market/stocks/cie-automotive-india-share-price-invests-rs-121-crore-in-wholly-owned-subsidiary-cie-hosur-19984478.htm), 2026-09-04: "CIE Automotive India Ltd has invested ₹120.76 crore in its wholly owned subsidiary CIE Hosur Limited, acquiring 69.4 lakh fully paid-up equity shares on a rights basis."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.