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| Exchange Received Time 30/10/2018 17:17:32 Exchange Disseminated Time 30/10/2018 17:17:37 Time Taken 00:00:05 | This is to inform you that the Board of Directors of the company at its meeting held today i.e. on October 30, 2018 approved the Sale of investment of subsidiary Company. Divestment of 100% equity investment held by the Company in Itag Business Solutions Ltd. (a wholly owned subsidiary). Further after completion of formalities Itag Business Solutions Ltd. shall cease to be a subsidiary of the Company.
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the disclosure for the said divestment of equity investment is enclosed herewith as ANNEXURE-A
The meeting of Board of Directors was commenced at 12.noon pm and concluded at 1.45 pm.
This is for you kind information and records.
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