SOUTH ASIAN ENTERPRISES LTD. - Announcement under Regulation 30 (LODR)-Acquisition

Acquisition of 7359 of equity shares consisting of 60.34% of Equity Capital of Chai Thela Private Limited ("CTPL") at the price approved by the Board involving outlay of about Rs.29 lacs. With the acquisition of aforesaid Equity on 23/08/2021, CTPL has become the subsidiary of the Company from the same date.