Jasch Industries has informed that Jasch North America Co. (JNAC - the foreign wholly owned subsidiary of the Company) is in the process of transferring its entire shareholding in Indev Gauging Systems Inc (a wholly owned subsidiary of JNAC) to a USA-based entity, pursuant to an agreement entered into between JNAC and the aforesaid entity.
The above information is a part of company’s filings submitted to BSE.
