ASI Industries has informed that the Board of Directors of the Company at its meeting held on 26st July, 2021, subject to the approval of the shareholders, Lenders and other statutory and contractual approvals, if any, approved the slump sale of the Engineered Stone Division of the Company to Marudhar Rocks International (CIN: U51420KA2010PTC056347). The MoU in this regard was executed on 27nd July, 2021 between the two parties.
The above information is a part of company’s filings submitted to BSE.
