Corporate Announcement
Security Code : 532714    Company : KEC    
 
Announcement under Regulation 30 (LODR)-Diversification / DisinvestmentDownload PDF Download XBRL
  Exchange Received Time  03/11/2018 15:52:54         Exchange Disseminated Time   03/11/2018 15:52:58              Time Taken   00:00:04
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Company has entered into a Share Purchase Agreement to sell its entire stake of 99,99,999 (Ninety Nine Lakh Ninety Nine Thousand Nine Hundred and Ninety Nine only) Equity Shares representing 99.99% of the total issued, paid-up and subscribed equity share capital and 3,45,00,000 (Three Crores Forty Five Lakh Only) Preference Shares representing 100% of the total issued, paid-up and subscribed preference share capital in its subsidiary namely 'KEC Bikaner Sikar Transmission Private Limited', subject to regulatory and other approvals.
 

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