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Kec International Ltd. - Updates On Disinvestment In Subsidiary Company Pursuant To Regulation 30

| Updated on December 31, 2018 Published on December 31, 2018

The Company refers to our letter dated November 03, 2018, wherein we had informed that the Company has entered into a Share Purchase Agreement to sell its entire stake in its subsidiary namely KEC Bikaner Sikar Transmission Private Limited to Adani Transmission Limited, subject to regulatory and other approvals.

In the said intimation, the expected date of completion of sale /disposal was mentioned as December 31, 2018 (Long Stop Date).

In this connection, please note that as the regulatory and other approvals are still awaited, the parties have mutually agreed to extend the Long Stop Date to January 31, 2019.

Pdf Link: Kec International Ltd. - Updates On Disinvestment In Subsidiary Company Pursuant To Regulation 30

Source : BSE - www.bseindia.com

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Published on December 31, 2018
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