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19 Apr 24 | 15:59
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BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
539876
Company
Crompton Greaves Consumer Electricals Ltd
Exchange Received Time
19/09/2022 16:19:27
Exchange Disseminated Time
19/09/2022 16:19:27
Time Taken
00:00:00
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 |
9/19/2022 4:19:27 PM
Pursuant to Regulation 30 and Schedule III of the Securities and Exchange Board of India (LODR) Regulations, 2015, as amended , kindly note that the Executive Committee of Directors of the Company at its meeting held today, approved the sale of upto 10,72,775 equity shares of face value of Rs. 10/- each of Butterfly Gandhimathi Appliances Limited, a material subsidiary of the Company, representing upto 6 % of its total issued and paid-up equity share capital through an offer for sale through stock exchange mechanism, in accordance with the applicable laws, towards compliance with the requirement of minimum public shareholding requirements in terms of Rule 19A of the Securities Contracts (Regulation) Rules, 1957, as amended, read with Regulation 38 of the SEBI Listing Regulations. We request you to kindly take the same on record, upload the same on your respective websites and the same be treated as compliance under the applicable regulations of the SEBI LODR Regulations.
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