With reference to disclosure submitted to the Stock Exchanges by the Promoters and Promoter Group on 18th October, 2023 regarding proposed Inter-se Transfer of shares amongst Promoter and Promoter Group, Medico Remedies has informed that the said proposed Inter-se Transfer of shares will not be executed due to unforeseen circumstances and hereby, stands cancelled. The necessary disclosure for cancellation of such proposed transaction submitted by the Proposed Acquirers, being member of Promoter and Promoter Group, is attached.
The above information is a part of company’s filings submitted to BSE.