HINDUSTAN ADHESIVES LTD. - Announcement under Regulation 30 (LODR)-Acquisition
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| 04 Mar 2023 | |
| With reference to the above-mentioned subject, we would like to inform you that the Company has made an investment of Rs. 1,37,00,000 (One Crore and Thirty Seven Lacs Only) by acquiring shares of 13,70,000 (Thirteen Lacs and Seventy Thousand) i.e. 55.02% in the Right Issue of Bagla Technopack Private limited. Earlier the company has made an investment of Rs. 10,00,000 (Ten Lacs Only) by acquiring shares of 1,00,000 (One Lac) i.e. 19.61% in the Right Issue of Bagla Technopack Private limited. Further the total investment made by the Company till date in Bagla Technopack private limited is Rs. 1,47,00,000 (taking into consideration with earlier investments) by acquiring 14,70,000 equity shares constituting 49% of total paid up share capital, pursuant to Section 186 and any other applicable provisions of the Companies Act, 2013 read with the Rules thereunder (including any statutory modifications or re-enactment thereof, for the time being in force). | |
| View all announcements for HINDUSTAN ADHESIVES LTD. | Source: BSE India |
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