Grindwell Norton has informed that the Board approved the execution of the Share Purchase Agreement ('SPA') with the existing shareholders of PRS Permacel for the acquisition of 100% equity shares for a consideration of Rs 1220 Million (subject to closing adjustments). The disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Part A of Schedule III of the aforesaid regulations, is attached as per 'Annexure A'.
The above information is a part of company’s filings submitted to BSE.
