Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘Listing Regulations’) and its previous disclosure dated October 1, 2018, Future Enterprises has informed that the company has on December 20, 2018, subscribed to/ acquired 7,11,74,377 partly paid shares which comprise of 54.22% of the nominal share capital of Livquik Technology (India) (‘Livquik’) on a fully diluted basis (‘Acquired Shares’). Once calls on the Acquired Shares are made and payments of such calls are completed by the company, Livquik will become a subsidiary of the company. The disclosure of events specified under Part A of Schedule lll of the Listing Regulations is attached as Annexure.
The above information is a part of company’s filings submitted to BSE.
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