Pursuant to Regulation 30 of SEBI (Listing and Obligation and Disclosure Requirements) Regulations, 2015, Jonjua Overseas has informed that the company has sold movable good – an intangible asset – ‘SPENT COFFEE GROUNDS AND SPENT COFFEE GROUNDS ASH BRICK PROCESS AND TECHNOLOGY (TRADE SECRET)’ on ‘Going Concern’ basis at arm’s length in a Material Related Party Transaction for Rs. 15.11 crores. A Press Release in this regard is attached.
The above information is a part of company’s filings submitted to BSE.