Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, if any, Optiemus Infracom has informed that the Board of Directors of the Company at its meeting held on Tuesday, 13th November, 2018, has confirmed the Share Purchase/Shareholder Agreement (‘Agreement’) executed by the Company with Troosol Enterprises Private Limited (‘TEPL’) for acquiring 6,000 (60%) equity shares of Rs 10 each of TEPL. By virtue of this transaction, Troosol Enterprises will become the subsidiary of the company in terms of Section 2(87)(ii) of Companies Act, 2013. The necessary information as required to be disclosed in this regard in terms of SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed herewith as Annexure A.
The above information is a part of company’s filings submitted to BSE.
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