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KDDL Ltd — Capital/Financing Update 2023
Dec 12, 2023
60919_rns_2023-12-12_a79d89d7-4082-488b-9e7c-6f6ee3202b0a.pdf
Capital/Financing Update
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KDDL Limited
Kamla Centre, SCO 88-89, Sector 8-C, Chandigarh - 160 009, INDIA. Tel: +91 172 2548223/24, 2544378/79 Fax: +91 172 2548302, Website:www.kddl.com ; CIN-L33302HP1981PLC008123
Ref: KDDL/CS/2023-24/72 Date: 12[th] December, 2023
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National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra, Mumbai - 400 051
BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001
Trading Symbol : KDDL
Scrip Code : 532054
Subject: Intimation for sale of Shares by Mahen Distribution Limited, Wholly Owned Subsidiary
Dear Sir/ Madam,
This is with reference to our previous letter dated 9[th] December, 2023 regarding intimation for sale of shares of Ethos Limited by Mahen Distribution Limited, wholly owned subsidiary Company. In this regard, disclosure pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is given below:
| Sr.No. | Information | Details |
|---|---|---|
| A | The amount and percentage of the turnover or revenueor income and net worth contributed by such unit ordivision of the listed entity during the last financial year | Total Income of Mahen Distribution Limited as on31-03-2023 : Rs. 2.78 cr. (0.24%)Net Worth of Mahen Distribution Limited as on31-03-2023 : Rs 4.64 cr. |
| B | Date on which the agreement for sale has been enteredinto; | The said transaction of sale of Shares was done throughopen market. Hence, no agreement for sale was required. |
| C | The expected date of completion of sale/disposal; | The said transaction of sale of Shares was done throughopen market. |
| D | Consideration received from such sale/disposal; | Rs. 104.14 cr. |
| E | Brief details of buyersandwhether any of the buyers belong to the promoter/promoter group/group companies. If yes, detailsthereof; | The said transaction of sale of Shares was done throughopen market.No |
| F | Whether the transaction would fall within related partytransactions? If yes, whether the same is done at “armslength”; | No |
Kindly take the same on record.
Thanking you,
Yours truly
For KDDL Limited
Brahm Prakash Kumar Digitally signed by Brahm Prakash Kumar Date: 2023.12.12 23:30:19 +05'30'
Brahm Prakash Kumar Company Secretary
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