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| Exchange Received Time 22/11/2017 17:30:30 Exchange Disseminated Time 22/11/2017 17:30:33 Time Taken 00:00:03 | | Technomet International FZE, a wholly owned subsidiary of Manaksia Steels Limited, has entered into a share purchase agreement dated 21st November, 2017 for acquiring 99.9999% of the issued and paid-up capital of Far East Steel Industries Limited, Nigeria. It is proposed that the acquisition of the shares as contemplated under the agreement, will be completed subject to satisfaction of certain conditions. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 are attached. |
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