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| Exchange Received Time 14/11/2017 16:46:43 Exchange Disseminated Time 14/11/2017 16:48:36 Time Taken 00:01:53 | Sub: Disinvestment in the Subsidiary Company - 'Ravijyot Finance and Leasing Private Limited'.
Ref : Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulation').
Dear Sir/Madam,
With reference to above mentioned subject, all stakeholders are requested to note that the Board of Directors ('The Board') of the Company in its meeting held today i.e Tuesday, November 14, 2017, has decided to divert its 60 % Shareholding of its subsidiary Company viz Ravijyot Finance and Leasing Private Limited. Pursuant to the divert of stake, Ravijyot Finance and Leasing Private Limited will be no more Subsidiary Company of the Company.
The above is for your information and record.
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