Brief: KRBL Says Discussed Potential Hive Off Of Energy Business Into Newly Formed Legal Entity

KRBL

11/08/2020 13:55

Aug 11 (Reuters) - KRBL Ltd  KRBL.NS :
    * KRBL LTD SAYS  DISCUSSED POTENTIAL HIVE OFF OF COMPANY'S
ENERGY
BUSINESS INTO A NEWLY FORMED LEGAL ENTITY
    * KRBL LTD SAYS BOARD HAS APPOINTED KPMG ASSURANCE AND
CONSULTING
SERVICES LLP AS TAX ADVISOR IN CONNECTION WITH POTENTIAL
RESTRUCTURING
    * KRBL LTD SAYS  CURRENTLY NO DECISION TO UNDERTAKE ANY
RESTRUCTURING OF CO HAS BEEN APPROVED BY BOARD.

Source text for Eikon:  ID:nBSE1s8pgz 
Further company coverage:  KRBL.NS 

 ((Reuters.Briefs@thomsonreuters.com;))