Corporate Announcement
Security Code : 532493    Company : ASTRAMICRO    
 
Announcement under Regulation 30 (LODR)-Updates on Joint VentureDownload PDF Download XBRL
  Exchange Received Time  30/06/2018 17:36:37         Exchange Disseminated Time   30/06/2018 17:36:42              Time Taken   00:00:05
Sub: Details as per Para A of Part A of Schedule III of Annexure 1 of Regulation 30 of SEBI (LODR) Regulations, 2015 - Reg.

Ref: Your e-mail dated June 29, 2018.


Reference to the captioned subject, we have intimated about the formation of Joint Venture Company (JVC) with M/s.Rafael Advanced Defense Systems Ltd., Israel vide our letter no: AMP:BSE:TAN:2015-16 dated August 24, 2015.

In continuation to the above, we have invested Rs.16,24,90,000/- (Rupees Sixteen crores twenty four lacs ninety thousand only) on 21.06.2018 in the equity capital of M/s. Astra Rafael Comsys Private ltd., Joint Venture Company (JVC).

Disclosure pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 is annexed.

 

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