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SINCE 2026 ・ Structured ReportingPublished May 22, 2026 6:31 AM ・ Updated Jun 14, 2026 12:07 AM ・ 2 min read ・ Source: PR Times
Kang Shu has announced an improvement plan for intercompany loans to its subsidiary, OmniOn Power Mumbai. Due to a decline in the subsidiary's net worth, the loan limit exceeded regulatory requirements. Kang Shu has adjusted the limit and is implementing cost-sharing through internal transfer pricing to improve financial health.
1. Date of occurrence: May 21, 2026. 2. Subsidiary: OmniOn Power Mumbai Private Limited. 3. Reason: The subsidiary's net worth declined, causing the loan limit to exceed the regulations. 4. Measures: Reduced the loan limit from INR 176,000,000 to INR 130,000,000. 5. Other: The company will monitor the subsidiary's net worth closely and use internal transfer pricing to improve cash flow.
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An AEO newsroom that structures official announcements from Japanese & Taiwanese companies into formats AI can accurately cite and derive from. Partner sources include PR TIMES and CNA. We aim to be a verifiable source for both humans and machines.