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Allsec Technologies informs about completion of sale of labour law

02 May 2024 Evaluate

With reference to its previous intimation dated February 06, 2024 regarding sale of LLC Business on a going concern basis by way of slump sale for a lump sum consideration to Aparajitha Corporate Services (‘Purchaser’) as per executed Business Transfer Agreement (‘BTA’) and a subsequent intimation dated March 29, 2024 updating the closing date of the said transaction to be April 30, 2024. In continuation to the above communications and in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), Allsec Technologies has informed that the closing date actions have been satisfied on May 01, 2024 and the closing of the transaction is effective from April 30, 2024, as per the terms and conditions of the BTA/ its amendments. The information as required under Regulation 30 and Schedule III of the Listing Regulations read with SEBI Master Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 has been informed vide its letter dated February 06, 2024, which is enclosed (Annexure A). This disclosure will also be made available on the official website of the Company at https://www.allsectech.com/investor-information/.

The above information is a part of company’s filings submitted to BSE.

Alldigi Tech Share Price

827.00 -3.25 (-0.39%)
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