Take Solutions divests stake in TOWELL

Our Bureau Chennai | Updated on November 15, 2017 Published on January 10, 2012

Take Solutions has informed the Bombay Stock Exchange that as part of the restructuring process within the TAKE Group, the company has disinvested its holdings of 5.07 lakh equity shares of Re 1 each in TOWELL TAKE Investment LLC, Muscat, in favour of its wholly-owned subsidiary – TAKE Solutions Global Holdings Pte Ltd., Singapore.

This restructuring will have no impact on the consolidated financial statement of the company, since the transfer is made within the group.

Published on January 10, 2012
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