Madhav Infra Projects has informed that the Board of Directors of the Company have approved the acquisition of 100% equity stake of MSK Projects (I), whereby the Company has acquired 20,000 equity shares of MSK Projects (I) at Rs. 10 each constituting 100% share capital of MSK Projects (I). Post-acquisition, MSK Projects (I) has become a wholly owned subsidiary of the Company. The requisite details, in terms of the provisions of Regulation 30 read with Schedule III of the SEBI (LODR) Regulations and the said SEBI circular, are included in Annexure I, enclosed.
The above information is a part of company’s filings submitted to BSE.
