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| Exchange Received Time 09/05/2017 22:00:27 Exchange Disseminated Time 09/05/2017 22:00:32 Time Taken 00:00:05 | | Dear Sir, This is to inform you that the Board of Directors at their meeting held today has approved the Scheme of Arrangement for the demerger of some of its non-core business divisions into its wholly owned subsidiary Trejhara Solutions Limited subject to the receipt of the requisite approvals under the applicable laws. The rationale for such demerger and the information required to be disclosed pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been enclosed herewith. |
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