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| Exchange Disseminated Time 05/08/2016 19:32:49 | | With reference to the earlier letter dated November 09, 2015 informing about the disinvestment of our entire stake of 50% held in Dove Airlines Private Limited (DAPL), a Joint Venture Company, Usha Martin Ltd has now informed BSE that the said transaction has since been completed and closed upon receipt of the consideration amount as per the Share Purchase Agreement and necessary statutory clearances. Accordingly, DAPL has ceased to be a Joint Venture of the Company with effect from August 04, 2016. |
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