Dynamic Industries disinvests entire investment in subsidiary company

01 Apr 2019

Dynamic Industries has disinvested its entire investment in equity shares of its wholly owned Subsidiary -- Neo Farbe. The sale value of the investment is determined as Rs 5 lakh. Accordingly Neo Farbe ceases to be a subsidiary Company of Dynamic Industries.

Dynamic Industries is engaged in the production of Acid Dyes and Direct Dyes. The company is one of the biggest textile dye stuff exporters in India dedicated to producing quality dye stuffs and chemicals.

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