MoneyWorks4Me

Emami informs about disclosure

22 Jun 2018 Evaluate

Emami has informed that Emami International FZE, a wholly owned Subsidiary of the Company based at Dubai has made an investment in Loli Beauty Inc., Delaware USA (the 'Investee Company') by subscribing to 12,28,261 Series Seed Prime Preferred Stock (SSPPS) which will result in stake of 7.54 % in the Investee Company and an Investment agreement with the Investee Company and its existing shareholders has been executed.

The above information is a part of company’s filings submitted to BSE.

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