Norican Global A/S, Denmark (the ultimate holding company of Disa India Limited) had entered into an agreement with Auctus Fund III GmbH & Co.KG to purchase 100% of Auctus's shares in Light Metal Casting Solutions Group ("LMCS"). LMCS is a group of leading capital equipment manufacturers and service providers for the light metal casting industry, processing Aluminium, Magnesium and Zinc alloys with major operations in Germany, Italy, Poland, China and the US. This information was filed with BSE on February 21, 2017. Today we have been informed by our parent company about the completion of above acquisition. An extract of press release made in this connection is attached.
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