In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulation 2015 we hereby inform you that Natrol LLC USA a wholly owned step-down subsidiary of the Company has entered into a definite agreement with New Mountain Capital LLC NY and its affiliate Jarrow Formulas Inc. to dispose of its business assets as a going concern with related assets liabilities products brands and employees.
The disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and Part A of Schedule III of the aforesaid regulations is enclosed as Annexure I.
Also attached a copy of press release as Annexure II.
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