Pursuant to Regulation 30 read with Schedule lll of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and pursuant to shareholders approval, Satra Properties (India) has informed that the company has divested its entire 51% stake in material subsidiary, that is, Satra Buildcon Private Limited (SBPL). Consequent to the same SBPL ceases to be subsidiary of the company.
The above information is a part of company’s filings submitted to BSE.