
India Infraspace Ltd Subsidiary Dissolution Details Provided
India Infraspace Ltd has provided details regarding the dissolution of a subsidiary. The dissolution of the subsidiary occurred effective from August 4, 2025.In the context of transaction reporting, the company provided an annexure detailing information relevant to the acquisition of shares of a subsidiary of the listed entity.
The annexure structure included the following points for reporting:
| r. No. | Particular | Remark |
|---|---|---|
| 1 | The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial year | The details of last financial year are as follows: Revenue from operations: NIL Percentage: NIL net worth: |
| 2 | Date when the asset entered into | |
| 4 | Consideration received from such sale / disposal | ofl61 00Equity. |
| 5 | Brief details of buyers and whether any of the buyer belong to the promoter/ promoter group/group companies. If yes, details thereof- | |
| 6 | Whether the transaction would fall within related party transactions? If so, whether the same is done at 'arm' length. | |
| 7 | Whether the sale lease or disposal of the undertaking is out of cheque of Arrangement? If es. detail of the same including compliance with regulation 7A of ODRRegulation | |
| 8 | Additionally, in case of a slump sale, indicate disclosure provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale. |
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: