AJR Infra And Tolling Ltd - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
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| 20 Jul 2022 | |
| This is to inform you that the Board of Directors of the Company in its Board meeting held on 20th July, 2022, transacted the following businesses: 1. Approved the divestment of the Company's stake in its wholly owned material subsidiary M/s. Sikkim Hydro Power Ventures Limited ('SHPVL') by way of sale / transfer of 6,27,35,942 equity shares of Rs.10/- each (constituting 100% of the paid-up capital of SHPVL) to M/s. Statkraft IH Holding AS having its office in Oslo, Norway which is engaged in the business of renewable energy, hydro-wind power and solar power projects. 2. Pursuant to Regulation 24 of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), the Board has convened an Extra-Ordinary General Meeting of the members of the Company on 12th August, 2022 for obtaining shareholders approval by way of a Special Resolution for sale / transfer / disposal / dilution of 100% of the total paid-up capital of SHPVL. | |
| View all announcements for AJR Infra And Tolling Ltd | Source: BSE India |
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