Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘Listing Regulations’), Macrotech Developers has informed that the Company has executed a Share Purchase Agreement (‘SPA’) to sell its entire stake in Palava Induslogic 3 (‘PI3PL’), a Wholly Owned Subsidiary (‘WoS’) of the Company on, October 25, 2023 to NewCold India Holding B.V. (‘NewCold’), Netherlands. The sale is subject to certain agreed conditions precedent. Upon consummation of the sale transaction as per the terms of the SPA, PI3PL shall cease to be a WoS of the Company. In connection with the above, it has attached in Annexure A its disclosure in terms of the SEBI Circular ref. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
Dilip Buildcon | 407.20 |
Macrotech Developers | 1302.75 |
NBCC (India) | 142.00 |
Prestige EstatesProj | 1548.70 |
DLF | 823.55 |
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