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| Exchange Disseminated Time | Esab India Ltd has informed BSE that ESAB Engineering Services Ltd. (EESL) is a joint venture Company, in which ESAB India Ltd. held 24.9% of the equity shares and Exelvia Holdings BV, The Netherlands held 75.1% of the equity shares. ESAB India has now purchased 15,02,000 equity shares from Exelvia Holdings BV, the Netherlands constituting 75.1% of shares held by them in EESL.
With this purchase, the entire equity capital of EESL is now held by ESAB India Ltd, making it a wholly owned subsidiary of ESAB India Ltd. |
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