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| Exchange Received Time 26/03/2018 10:15:02 Exchange Disseminated Time 26/03/2018 10:15:07 Time Taken 00:00:05 | Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the as per our earlier communication in connection with the decision of the Board of Directors at their meeting held on 14th November, 2017, regarding disinvestment of its entire shareholding in Power Mech - CPNED Services (Hong Kong) Holding Co. Ltd., Joint Venture (50%) of Power Mech Projects Limited, we would like to inform that the Company has identified the buyer and the terms and conditions are finalized between the parties.
As per the SEBI Circular vide ref no. CIR/CFD/CMD/4/2015 dated 09th September, 2015, the disclosures required to be made pertaining to sale or disposal of unit(s) or division(s) or subsidiary of the listed entity is enclosed.
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