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BSE SENSEX
79,032.73
-210.45
-0.27 %
Corporate Announcement
Security Code
500575
Company
VOLTAS LTD.
Exchange Received Time
20/06/2024 18:10:20
Exchange Disseminated Time
20/06/2024 18:10:20
Time Taken
00:00:00
Announcement under Regulation 30 (LODR)-Restructuring |
6/20/2024 6:10:20 PM
In continuation of our letter dated 26th April, 2023, the Company has on 20th June, 2024, as part of internal restructuring, executed the Share Purchase Agreement/s with Universal MEP Projects Pte Limited (UMPPL), a step down wholly owned subsidiary of the Company in the Repubilc of Singapore for transfer of Company''s direct investments in overseas subsidiary companies, namely - Weathermaker FZE in UAE (100%); Saudi Ensas Company for Engineering Services WLL in Kingdom of Saudi Arabia (92%) and Lalbuksh Voltas Engineering Services and Trading LLC in Sultanate of Oman (20%) to UMPPL.
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