Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, HKG has informed that the Company have successfully participated in the auction conducted towards Shri Shivsagar Sugar and Agro Products, udapudi on 11.07.2022 to acquire Sugar Mill, Co-Gen Plant, Ethanol Plant, Office Building, Godown and Guest House from The Belagavi District Central Co-Operative Bank (Bank) and Bank has awarded them in-principle letter dated 11th July, 2022 for the same.
The above information is a part of company’s filings submitted to BSE.