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White Organic Retail submits intimation of strike-off of wholly owned subsidiary of company

29 Apr 2025 Evaluate
Pursuant to applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (SEBI LODR Regulations), White Organic Retail has submitted that pursuant to voluntary application(s) made by White Organic Snacks wholly owned subsidiary of the Company, under Section 248 of the Companies Act, 2013, with the jurisdictional Registrar of Companies (ROC), to strike-off its name from the register of companies, the name of above wholly owned subsidiary have been struck off from the register of companies by ROC. Consequently, White Organic Snacks has been dissolved and ceased to be a wholly owned subsidiary of the Company. There have been no operations in the wholly owned subsidiary for the past few months and it is found no longer feasible to continue them. We would like to clarify that the aforesaid event does not qualify as sale of any unit(s), division(s), whole or substantially the whole of the undertaking(s) or subsidiary of the listed entity, however, in view of good corporate governance practice and as an abundant precaution, the disclosure in the format prescribed vide SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023, is annexed as Annexure-A.

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

Diva Organic Living Share Price

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