Further to its Media Release dated July 9, 2021 informing its joint venture with Kostad Steuerungsbau GmbH, Austria-based company, to manufacture DC Fast charging stations for electric vehicles (EV) through a proposed joint venture company named Salzer Kostad EV Chargers, Salzer Electronics has informed that the proposed Joint Venture Company ‘Salzer Kostad Ev Chargers’ has successfully incorporated on July 27,2021 and the details of incorporations are enclosed. The details as required to be furnished under SEBI (LODR) Regulations, 2015 read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015 are furnished in Annexure A forming part of this letter.
The above information is a part of company’s filings submitted to BSE.