(15-Sep-2022 Hours IST)
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, the Board of Directors of the Company at its meeting held on 15th September 2022 have, interalia, approved the sale/transfer of its Bus Operations undertaking by way of slump sale on a going concern basis to an entity which is owned and controlled by the promoters of the Company. Pursuant to the provisions of Regulation 30 of the SEBI(Listing Obligation and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at its meeting held today i.e. 24th July 2023 have approved the transfer of its Transportation of Passengers by Air Undertaking by way of slump sale on a going concern basis to M/s Vijayanand Travels Pvt. Ltd., an entity owned and controlled by the promoters of the Company. (As Per BSE Announcement Dated on 24.07.2023)
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