WESTERN MINISTIL LTD. - Board Meeting Outcome for Share Purchase Agreements Dtd. 25-07-2024 Executed Amongst Mr. Satish Ramsevak Panday ('Acquirer') And Girdhar Morari Agro Research LLP & Other Promoters For Acquiring Equity And Voting Share Capital Of Western Ministil Limited ('The Company').
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| 26 Jul 2024 | |
| We hereby inform you that the Acquirer has entered into a Share Purchase Agreement dated July 25, 2024 with the Promoter Sellers ('Share Purchase Agreement/ SPA'), pursuant to which the Acquirer has agreed to acquire, 957459 (Nine lakhs fifty seven thousand four hundred fifty nine only) Equity Shares, which constitutes 44.38% (Forty four point thirty eight percent) of the equity and voting share capital ('Equity and Voting Share Capital') of the Company, for an aggregate consideration of INR 14,36,188.50/- (Indian Rupees Fourteen lakhs thirty six thousand one hundred eighty eight and paise fifty only), i.e. INR 1.50/- (Indian Rupee one and paise fifty Only) per Equity Share subject to the statutory approvals, if any and satisfaction of conditions precedent specified in the Share Purchase Agreement (unless waived off in accordance with the Share Purchase Agreement). | |
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