In continuation of intimation dated 14.02.2020 (outcome of the board meeting) to the exchange, Standard Surfactants has informed that the company has entered into an agreement dated 28.02.2020 for sale/disposal of the company’s 38.24 % stake (6,50,000 Equity Shares) in its Associate Company Standard Organo Chemicals. Therefore, Standard Organo Chemicals is no more an Associate Company of Standard Surfactants. The company has enclosed disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015.
The above information is a part of company’s filings submitted to BSE.
