VR Logo

Monnet Ispat and Energy: Update On Disposal Of Shares Held By The Company In Two Subsidiaries Of The Company

Value Research Stock Advisor has just released a new stock recommendation. You can click here to learn more about this premium service, and get immediate access to the live recommendations, plus new ones as soon as they are issued.

In furtherance to our intimation dated 31st December 2019 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 on the above mentioned subject we wish to inform that the Company has completed the transfer of its entire equity shareholding held by it in Monnet Sports Foundation (MSF) and Chomal Exports Private Limited (Chomal Exports) to M/s Champak Corporate Services Private Limited and accordingly MSF and Chomal Exports have ceased as subsidiaries of the Company.

You are requested to take the above information on record.

Click here to view PDF