Eldeco Housing & Industries has informed that the Board of Directors of the Company at their meeting held today, Friday, November 6, 2020 discussed and approved the following: Pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board considered and approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2020 along with the Limited Review Report thereon of Statutory Auditors; Sale of 100% investment in the following wholly owned subsidiaries of the Company: Neo Realtors Private Limited having 10,000 equity shares of Rs 10 each; Perpetual Constructions Private Limited having 10,000 equity shares of Rs 10 each; Fixity Constructions Private Limited having 10,000 equity shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.