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Welspun India Ltd. - Clarification On Acquisition Of Company In Myanmar

| Updated on August 01, 2019 Published on August 01, 2019

This is in response to your captioned email requiring information with reference to the Companys announcement submitted to the Exchange dated June 26,2019, regarding Disclosure under Regulation 30 read with Schedule III of SEBI Obligations and Disclosure Requirements) Regulations, 2015.

As mentioned in earlier disclosure Welspun India Limited (the Company) has entered into joint venture with Sense Organics Import & Trading GmbH, Germany (SOIT) and has acquired 51% of the share capital, at, par, of Pure Sense Organics Myanmar Limited (PSOML), a company incorporated under the Myanmar Companies Act, 2018.

Hope it clarifies in the letter enclosed.

Pdf Link: Welspun India Ltd. - Clarification On Acquisition Of Company In Myanmar

Source : BSE - www.bseindia.com

Published on August 01, 2019
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