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Artemis Electricals Ltd - Outcome of Board Meeting

| Updated on July 16, 2019 Published on July 16, 2019

Pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of Artemis Electricals Limited (the Company) at their Meeting held today i.e. Tuesday, 16th July, 2019, inter alia considered and unanimously approved the following:

The Valuation report issued by Registered Valuer for the purpose of acquisition of 100% Equity Share of Artemis Opto Electronic Technologies Private Limited by the Company for which purchase consideration is fixed at Rs. 7.095 per share i.e. total consideration for 72,70,000 equity shares is Rs.5,15,83,757/-

Pdf Link: Artemis Electricals Ltd - Outcome of Board Meeting

Source : BSE - www.bseindia.com

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Published on July 16, 2019
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