CENTURY PLYBOARDS (I) LTD. - Outcome Of The Board Meeting - Subsidiarisation/Transfer Of Company'S Logistics Business Comprising Of CFS Services As A Going Concern On 'Slump Sale Basis' To A Wholly Owned Subsidiary

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CENTURY PLYBOARDS (I) LTD. - Outcome Of The Board Meeting - Subsidiarisation/Transfer Of Company'S Logistics Business Comprising Of CFS Services As A Going Concern On 'Slump Sale Basis' To A Wholly Owned Subsidiary

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02 Nov 2021
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR') we wish to inform that the Board of Directors of the Company at their meeting held today i.e. 2nd November, 2021, has inter alia considered and approved, subject to necessary statutory and regulatory approvals, as may be required, Subsidiarisation/ transfer of Company's Logistics business comprising of CFS services, as a going concern, by way of slump sale, to a wholly owned subsidiary of the Company, to be incorporated for this purpose.<BR> The details as required under Regulation 30 of the SEBI LODR read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 for the proposed Scheme are annexed as Annexure A.
View all announcements for CENTURY PLYBOARDS (I) LTD.	Source: BSE India

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