|
| Exchange Received Time 24/09/2018 14:43:07 Exchange Disseminated Time 24/09/2018 14:43:11 Time Taken 00:00:04 | Based on the transaction statement dated 21.09.2018 as received from the
Company's Depository Participant, M/s. Indbank Merchant Banking Services Limited, we understand that the pledged shares have been invoked by M/s. ASQ Connect Ltd.(a party to settlement Agreement) to the extent of 100% of pledge on shares of M/s. Ashapura International Limited (Wholly-owned Subsidiary) & M/s. Ashapura Perfoclay Limited (Joint Venture Company i.e. 50% of the Company's share) and 24% of pledge on shares of M/s. Bombay Minerals Limited (Wholly-owned Subsidiary) on 19th September, 2018.
However, the Company has not received any formal communication in this regard either from ASQ or Milestone.
|
|
|