(10-Jun-2025 Hours IST)
With reference to the above subject matter and Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby notify that subject to receipt of requisite shareholder approvals (wherever applicable), the Board of Directors of the Company at its meeting held on Tuesday, 10th June, 2025 have, interalia, approved the following matters as specified in attached file. Approved the sale/transfer of Textile Processing and Finishing Machinery Business of the Company to Nfinia Industries Private Limited (a Company owned and controlled by the promoter(s) of the Company), as going concern, on slump sale basis, through business transfer agreement to be executed between the Company and Nfinia Industries Private Limited.
Powered by Capital Market - Live News