In accordance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Milestone Global has informed that Board of Directors of the Company in their meeting held today 6th April, 2024, have given in principle approval for the formation/incorporation of a Wholly Owned Subsidiary of the Company in the United States of America (USA). The incorporation of the abovementioned wholly owned subsidiary in USA will expand the business opportunities of the Company. The company has enclosed the details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th November, 2015.
The above information is a part of company’s filings submitted to BSE.
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