Corporate Announcement
Security Code : 532945    Company : SEPC    
 
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  Exchange Received Time  07/04/2017 10:44:44         Exchange Disseminated Time   07/04/2017 10:44:49              Time Taken   00:00:05
In compliance of sub-regulation (4) of Regulation 30 - Part A. Events which shall be disclosed without any application of the guidelines for materiality, we would like to inform you that Shriram EPC (FZE) Sharjah is a 100% Subsidiary of the Company (SEPC). Shriram EPC (FZE) Sharjah has considered to establish and incorporate a Limited Liability Company (LLC) in Sultanate of Oman with a Capital of OMR 150,000 divided into 150,000 shares of OMR 1 per share with Arken Group LLC. Shriram EPC (FZE) Sharjah will hold 70% in the Capital of the said LLC and the Registration of the LLC - Shriram EPC Muscat LLC, has been done on 07th March, 2017. You are requested to take the above disclosure on record and confirm.
 

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