Corporate Announcement
Security Code : 533259    Company : SASTASUNDR    
 
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsDownload PDF Download XBRL
  Exchange Received Time  17/07/2018 11:36:24         Exchange Disseminated Time   17/07/2018 11:36:28              Time Taken   00:00:04
This is to inform you that M/s Happymate Foods Limited (the HFL), a step down subsidiary of the Company and subsidiary of Sastasundar Healthbuddy Limited has entered into a Share Cum Warrant Subscription Agreement and Advertisement Agreement with M/s Bennett, Coleman and Company Limited (herein after referred to as BCCL) on 16th July, 2018.

Pursuant to the aforesaid agreement, the HFL shall issue equity shares and Convertible Warrant to M/s Bennett, Coleman and Company Limited (BCCL). In lieu of the aforesaid agreement BCCL will assign/ transfer one of its Trademark under Food Category to HFL and also arrange for advertisement space in the print media run by BCCL.

The details required under regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. CIR/CFD/ /CMD/4/2015 dated September 09, 2015 are enclosed herewith.
 

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