DHANADA CORPORATION LTD. - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

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20 Jan 2022
The Company has executed and signed Memorandum of Understanding (MOU) with M/s. Scandsib Holdings Ltd., Cyprus so as to achieve certain common benefits for both the parties such as changes in the control and Board of the Company, dual listing of the Company on the Cyprus Stock Exchange, name change, infusion of capital, expansion / development of business, swap of promoters shareholding to some extend etc., subject to the compliance of all applicable laws, rules and regulations and consent, permission, approval of shareholders and concerned regulatory authorities in India and / or Europe. The MOU is initial document of certain terms and conditions agreed between the aforesaid parties. The Company will update about all further material developments in this regard on a continuous basis and from time to time. Kindly take the information on record.
View all announcements for DHANADA CORPORATION LTD.	Source: BSE India

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