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User: 
    Consider you are a fundamental stock analyser whose task is to analyse the given text extracted from a pdf of the financial result of a company
    and summarize the text to extract as much quantitative informations which are useful in analysing the trend of stock in market.

    Take care of the following points when extracting:
    - Pay attention to all the numerical data.
    - Summarize the text involving all numerical information.
    - What does that numerical quantity represent in the text? Give a brief summary around it.
    - Do not miss any relevant numerical information

    Analyse the text to determine:
    - the financial year and quarter. In India the Financial Year is from 1 April of current year to 1 April of next year.
    - the profit numerically as well as profit growth percentage.
    - the asset worth and percentage change in asset value (whether increase or decrease)
    - the GNPA if mentioned and its growth.
    - the analysis on the basis of stock trend if mentioned in the text.
    - any other important financial information which may impact the stock price of the given stock.

    Now summarize the following text:
        
 
 
 
  
  SEC/ 0311 /2024         By E -Filing               November 3, 2024  
 
 
National Stock Exchange of India Limited  
“Exchange Plaza”,  
C-1, Block G,  
Bandra - Kurla Complex,  
Bandra (E),  
Mumbai – 400 051.  
Scrip Symbol : APARINDS  
Kind Attn.: Listing  Department  BSE Limited       
Corporate Relations Department,  
Phiroze Jeejeebhoy Towers,  
Dalal Street,   
Fort,  
Mumbai - 400 001.  
Scrip Code : 532259      
Kind Attn. : Corporate Relationship Department  
 
 
Sub. :  Updates on Incorporation of Wholly Owned Subsidiary of the Company  in Brazil  
Reference:   Our letter ref no. SEC/3001/2024 dated January 30, 2024 
____________________________________________________________________________  
 
Dear Sir / Madam,  
 
In continuation of our corporate announcement dated January 30, 2024 , as referenced above  with 
regard to approval of Board of Directors of APAR Industries Limited (“ the Company ”) for 
incorp orating a Wholly Owned S ubsidiary (WOS) in Brazil , we wish to inform the Exchanges that 
Company’s wholly owned subsidiary named “APAR INDUSTRIES LATAM LTDA ” have been 
registered  at Brazil  pending receipt of other approvals .  
 
The details as required as per the SEBI Master C ircular No. 
SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 is enclosed as Annexure A  to this 
letter.  
 
You are requested to take the same on your record . 
 
Thanking you.   
 
Yours Faithfully,  
 
For APAR Industries Limited  
 
 
 
 
Sanjaya Kunder  
Company Secretary  
 
Encl.: A/a  
 
 
 
 
 
 
APAR Industries Limited  
Corporate Office : APAR House, Corporate Park, V. N. Purav Marg, Chembur, Mumbai - 400 071, India  
<PRESIDIO_ANONYMIZED_PHONE_NUMBER>/6780 0400 <PRESIDIO_ANONYMIZED_EMAIL_ADDRESS>  www.apar.com  
Regd. Office: 301/306, Panorama Complex, R. C. Dutt Road, Alkapuri, Vadodara - 390007, India  
<PRESIDIO_ANONYMIZED_PHONE_NUMBER>/6178 709 <PRESIDIO_ANONYMIZED_EMAIL_ADDRESS>  www.apar.com  CIN: L91110GJ1989PLC012802  
 
 
 
 
Annexure A  
 
The details as required as  per SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 are as 
under:  
 
Sr. No Particulars  Details  
1 Name of the target entity, details in  
brief such as size, turnover etc.  Name of the Entity: “APAR INDUSTRIES LATAM 
LTDA” is registered in Brazil (A Limited  Liability 
Company).  
The incorporated entity is a Wholly Owned 
Subsidiary (WOS) which is  yet to commence its 
operations pending other approvals  from  concerned 
local authorities.  
2 Whether the acquisition would fall  
within related party transaction(s)  
and whether the promoter/ promoter  
group/ group companies have any  
interest in the entity being acquired?  If 
yes, nature of interest and details  thereof 
and whether the same is done  at “arm’s 
length”;  Since the incorporated entity is a WOS of the 
Company. The Acquisition is a related party 
transaction. This is not a material related party 
transaction.  The Promoter / Promoter group / 
Group  Companies of the Company do not have any  
interest in proposed WOS except as men tioned 
above.  
3 Industry to which the entity being  
acquired belongs;  Trading of conductors.  
4 Objects and impacts of acquisition  
(including but not limited to,  
disclosure of reasons for acquisition of  
target entity, if its business is outside  the 
main li ne of business of the listed entity);  The objects with which the WOS  is incorporated is to 
carry out trading activities of variety of Conductors.  
5 Brief details of any governmental or  
regulatory approvals required for the  
acquisition;  Necessary approvals and registrations as per the  law 
prevailing in Brazil are pending and  the same is 
under process  
6 Indicative time period for Completion  of 
the acquisition;  Not applicable  
7 Nature of consideration - whether  
cash consideration or share swap or  
any other form and details of the  
same;  Cash  
8 Cost of acquisition and/or the price at  
which the shares are acquired;  Brazilian Reals 120,000 (120,000 shares o f Brazilian 
Reals of 1 each) by way of subscription  to the share 
capital, which is yet to be subscribed . 
9 Percentage of shareholding / control  
acquired and / or number of shares  
acquired;  APAR Industries Limited shall hold 100% of the  
share capital of the WOS, which is yet to be  
subscribed.  
10 Brief background about the entity  
acquired in terms of products/line of  
business acquired, date of  incorporation, 
history of last 3 years  
turnover, country in which the  acquired 
entity has presence and any  
other significant information (in  
brief);  The WOS was incorporated vide Company 
Registration Certificate dated  
October 31, 2024  in Sao Paulo, Brazil . The WOS is yet 
to commence its operations and  subscri ption  to the 
capital  is yet to be done which is subject to various 
approvals, registrations etc. from  concerned local 
authorities.  
 
 
 
 
 
 
 
    
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