With further reference to letter dated 21st December 2021 regarding the two recent transactions wherein they have entered into agreement to sell their remaining holding at 57.6% in RHIB to two UK private equity investors as per the intimation received from Retail Holdings Asia B.V; Singer India has informed that the said transactions have been successfully closed as informed through the notice as received from Retail Holdings Asia B.V. including the press release issued by the Ultimate parent company of the Group, Retail Holdings N.V.
The above information is a part of company’s filings submitted to BSE.
