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Jyothy Labs Ltd - Acceptance Of Shares Of Jyothy Fabricare Services Limited, Subsidiary Of The Company
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07 Sep 2022
The Board of Directors of the Company at its meeting held today have approved to accept 32,40,000 equity shares of Rs. 10/- each from Mr. K. Ullas Kamath and 10,000 equity shares of Rs. 10/- each from Mrs. Gayathri Kamath of Jyothy Fabricare Services Limited (JFSL). By virtue of this transaction, the Company&apos;s shareholding in JFSL has increased from 84.18% to 100% and accordingly JFSL has become the Wholly Owned Subsidiary of the Company.
View all announcements for Jyothy Labs Ltd Source: BSE India