Others

Cg Power And Industrial Solutions Ltd - Announcement Under Regulation 30 (LODR)- Merger Of Step Down Subsidiaries

| Updated on April 19, 2019 Published on April 19, 2019

In line with the decision of the Board of Directors to reduce the number of legal entities CG Holdings Americas, LLC and CG Solutions Americas, LLC (together referred as Merging Entities), the Companys wholly owned step down subsidiary companies based in US have been merged with its another wholly owned step down subsidiary, CG Power Americas, LLC, the regional sales entity of the Company for the Americas region, with effect from April 1, 2019 (Merger).

The Merging Entities did not have any operations and accordingly the said Merger does not have any business impact.

Consequent to the said Merger, the Merging Entities ceased to exist and no longer be the subsidiaries of the Company.

We would appreciate if you could take the same on record and acknowledge receipt thereof.

Pdf Link: Cg Power And Industrial Solutions Ltd - Announcement Under Regulation 30 (LODR)- Merger Of Step Down Subsidiaries

Source : BSE - www.bseindia.com

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on April 19, 2019
This article is closed for comments.
Please Email the Editor