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TRF has informed that the Board of Directors and shareholders of TRF Singapore Pte (hereinafter referred to as TRFS), a wholly owned subsidiary of TRF, at its meeting held in Singapore on May 17, 2019, have approved the sale/ divestment of their entire stake in the wholly owned step down subsidiary Dutch Lanka Trailer Manufacturers (hereinafter referred to as DLT), including DLTs wholly owned subsidiary, Dutch Lanka Engineering (hereinafter referred to as DLE) and DLTs entire 50% stake in Tata International DLT (hereinafter referred to as TIDLT), a joint venture company between DLT and Tata International. This is subject to approval of shareholders of TRF.

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

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