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| Exchange Received Time 01/07/2017 12:50:00 Exchange Disseminated Time 01/07/2017 12:50:01 Time Taken 00:00:01 | M J Casting Limited (MJCL) is a subsidiary of Minda Industries Limited (MIL), in which MIL is already holding 98% equity shares.
It is informed that MIL has acquired the remaining 2% shareholding on 1 July, 2017 from Neel Metal Products Ltd. On the above acquisition, MJCL has become a wholly owned subsidiary of MIL.
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular # CIR/CFD/CMD/4/2015 dated 9 September, 2015, the requisite details are given in the enclosed Annexure -I.
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