Uravi T And Wedge Lamps has informed regarding the acquisition of SKL (India) (SKL India) by Uravi T and Wedge Lamps (the Company). With reference to previous disclosures dated June 18, 2024, and July 1, 2024, under Regulation 30 of SEBI (LODR), 2015, the Company has transferred a consideration of Rs 9,86,96,900 (Rupees Nine Crore Eighty-Six Lakh Ninety-Six Thousand and Nine Hundred only) towards the acquisition of shares of SKL India. Currently, the parties to the contract are completing the procedural requirements to finalize tranche 1 of the acquisition. This disclosure is being provided as an update to Outcome of Board Meeting held on June 18, 2024.
The above information is a part of company’s filings submitted to BSE.
