Amara Raja Batteries has informed that the company as a part of its strategic initiatives, has agreed to invest Rs 36.99 crore and thus acquiring 11.36% of shareholding of Log 9 Materials Scientific. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure I. A press release on the aforesaid investment is enclosed as Annexure II for the information. The disclosure along with the press release will also be available on the website of the Company: www.amararajabatteries.com.
The above information is a part of company’s filings submitted to BSE.
