Further to its letter dated April 20, 2023 regarding proposal to invest and takeover a Target company namely - MAPRIL - Produtos Químicos e Maquinas Para a Industria, Lda and to acquire 11,11,500 equity shares equivalent to 100% of the issued and paid-up equity capital of MAPRIL - Produtos Químicos e Maquinas Para a Industria, Lda, Ion Exchange (India) has informed that the Share Sale and Purchase Agreement is executed and the share transfer process has been completed on June 22, 2023.
The above information is a part of company’s filings submitted to BSE.