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Cravatex Ltd. Capital/Financing Update 2022

Dec 2, 2022

63129_rns_2022-12-02_086b0d12-d342-4169-9255-6977f3b63ba0.pdf

Capital/Financing Update

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Registered Office : Ground Floor (East Wing), Forbes Building, Charanjit Rai Marg, Fort, Mumbai – 400 001 CIN L93010MH1951PLC008546

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Telephone No. : +91 22 6666 7474 Email : [email protected] Website : http://cravatex.com/

2[nd] December, 2022

BSE Limited Department of Corporate Services (DCS-Listing) Phiroze Jeejeebhoy Towers, Dalal Street Mumbai – 400 001

Company Code: 509472

Dear Sir,

  • Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

  • Ref : Sale/disposal of 100% shareholding held by the Company in Cravatex Brands Limited.

Further to our letters dated 19[th] October, 2022, 21[st] October, 2022 and 21[st] November, 2022 we wish to inform you that the Company has completed the sale/disposal of its 100% shareholding held in Cravatex Brands Limited, a material subsidiary of the Company, to Metro Brands Limited (along with its nominees) on 1[st] December, 2022.

Kindly take the same on your record.

Thanking You, For Cravatex Limited

Digitally signed by SUDHANSHU NAMDEO DN: c=IN, o=Personal, SUDHANSH 2.5.4.20=925a3182dfaeb944aef04c218275696ed8797edcd95692041189f0d7dbd75b a8, postalCode=410218, st=Maharashtra, serialNumber=ed5747e3e6b898fec2d2218 U NAMDEO 61890d0b5acbfee35124932f1bd649a2993918105, cn=SUDHANSHU NAMDEO Date: 2022.12.02 16:52:46 +05'30'

Sudhanshu Namdeo

Company Secretary and Compliance Officer Membership No. A17132