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| Exchange Disseminated Time | | Revathi Equipment Ltd has informed BSE that the members of the Company by way of Postal Ballot have passed the Ordinary resolution for accorded the Board of Directors to sell or dispose of all or part of, in one or more installments, the Drill division including the manufacturing undertaking of the Company located in city of Coimbatore and including all the movable and immovable properties of the Company where so ever situated both present and future and of every nature and kind relatable to the Drill division and strategic investments of the Company in the equity shares of Monarch Catalyst Pvt Ltd and Potential Service Consultants Pvt Ltd, on such terms and conditions including the consideration as the Board of Directors may in their absolute discretion deem fit, subject to necessary provisions & approvals. |
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