OK Play India has received approval for sale of toy segment business along with its related assets and liabilities at book value to Isht Technologies, a wholly owned subsidiary of the company subject to approval of shareholders of the company. Besides, the company has also received approval for sale of automotive component business along with its related assets and liabilities at book value to OK Play Auto, a wholly owned subsidiary of the company subject to approval of shareholders of the company. The Board of Directors of the Company at their meeting held on February 28, 2023 has passed the resolutions.
OK Play India is engaged in manufacturing plastic molded toys, school furniture, playground equipment, infrastructure and automotive products, point-of-purchase products and E-Vehicles.
