In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Svaraj Trading & Agencies has informed that the Board of Directors of the Company at its meeting held on September 25,2021, has based on the recommendations of the Audit Committee and in terms of the Business Valuation Report of Registered Valuer, approved the acquisition of Roti Master project, a household automatic Roti (Chapati) making machine plant from Miraj Multiservices at an aggregate cash consideration of Rs 12.00 crore, without values being assigned to individual assets and liabilities, under a Business Transfer Agreement. Enclosed as Annexure-I is the information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
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