Brief: Rathi graphic technologies dis-invested 1 mln equity shares in unit

Rathi Graphic Technologies

29/09/2016 11:31

Sept 29 (Reuters) - Rathi Graphic Technologies Ltd  RGTL.BO  
    * Dis-Invested 1 million equity shares in unit; resulted in 
cessation of holding-subsidiary relationship 
 
Source text: [Rathi Graphic Technologies Ltd has informed BSE 
that in line with the special resolution passed in 23rd Annual 
General Meeting of the company concerning selling of investment 
held in subsidiary Company i.e M/s. RGTL Industries Limited, on 
September 29, 2016 the Company have dis-invested 1000000 (Ten 
Lakh) equity shares. This transaction has brought down the 
shareholding of Rathi Graphic Technologies Limited in its 
Subsidiary Company from 54.58 (%) to 49.18 (%) and the 
transaction resulted in cessation of Holding-Subsidiary 
relationship] 
 
Further company coverage:  RGTL.BO  
 
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