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Sharad Fibres & Yarn Processors Ltd. - Announcement Under Regulation 30 SEBI(LODR)Regulation, 2015 - Sale Of Subsidiary

| Updated on March 29, 2019 Published on March 29, 2019

With reference to the above captioned subject, we would like to inform you that the Board of Directors at their meeting held on March 28, 2019 has agreed to sell 3,70,000 Equity shares held by the Company in BST Exports Private Limited (wholly owned subsidiary).

Following the sale, BST Exports Private Limited will cease to be a subsidiary of the Company.

Further the step down subsidiary Dalmia Exim Limited, which is a subsidiary of BST Exports Private Limited by virtue of the above sale, will cease to be a step down subsidiary of the Company.

Pdf Link: Sharad Fibres & Yarn Processors Ltd. - Announcement Under Regulation 30 SEBI(LODR)Regulation, 2015 - Sale Of Subsidiary

Source : BSE - www.bseindia.com

Published on March 29, 2019
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