CCL Products (India) has informed that in continuation to the announcement made by the Company on 02nd December, 2022, regarding approval given by the Board of Directors for the Demerger of the Marketing and Distribution Division of Coffee and FMCG Products of. Continental Coffee, Wholly Owned Subsidiary of the Company into the Parent Company, CCL Products (India) upon the recommendation of the Audit Committee and Remuneration Committee, and pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company enclosed the details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Part A of Schedule III of aforesaid regulations read with Clause 1.3 of Annexure of SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.
The above information is a part of company’s filings submitted to BSE.