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Damodar Industries Ltd
Damodar Industries Ltd - Damodar Industries Limited - Clarification
Apr 29,2024   Hrs IST

DAMODARIND:The Exchange has sought clarification from Damodar Industries Limited with respect to announcement dated 05-Feb-2024, regarding ' Damodar Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on February 05, 2024.'. On basis of above andï¿‚ï¾ as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, read with SEBI Circular dated July 13, 2023the Company is required to clarify following: 1. The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division of the listed entity during the last financial year;2. Date on which the agreement for sale has been entered into;3. The expected date of completion of sale/disposal;4. Consideration received from such sale/disposal;5. Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof.6. Whether the transaction would fall within related party transactions? If yes, whether the same is done at 'arms length';7. Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.The response of the Company is awaited.

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