Golden Goenka Fincorp has informed that the Company had further sold 1,250,000 Equity Shares of Shree Saishraddha Cements (SSCPL) representing 18.09% of the Equity Paid up of SSCPL. As a result of aforesaid Sale the Company’s holding in SSCPL has decreased to 16.64%. Hence SSCPL ceased to be the associate of the Company.
The above information is a part of company’s filings submitted to BSE.