Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Anupam Rasayan India has informed that the Board of Directors of the company in their meeting held on August 01, 2023 has approved the purchase of 10,000 equity shares of face value of Rs 10 each, of a company named ARIL Fluorospeciality (‘AFPL’), on book value of Rs 1,00,000, aggregating to 100% shareholding of AFPL on the terms and conditions as set out in the Share Purchase Agreement to be entered between the Company, existing shareholders and AFPL (‘SPA’), with no economic benefit to the sellers. Pursuant to the consummation of the acquisition of shares as per the SPA, AFPL shall become a wholly owned subsidiary of the Company. The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed as Annexure A. This intimation will also be available on the website of the Company www.anupamrasayan.com.
The above information is a of company’s filings submitted to BSE.
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