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Onward Technologies Ltd. Regulatory Filings 2021

Aug 27, 2021

60726_rns_2021-08-27_5c51a4b0-765e-4293-9018-2d99d338eb5f.pdf

Regulatory Filings

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Date: August 27, 2021

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BSE LimitedCorporate Relation Dept.P. J. Towers, Dalal StreetMumbai 400 001.Scrip Code : 517536 National Stock Exchange of India Ltd.“Exchange Plaza”,Bandra Kurla Complex, Bandra (East)Mumbai - 400 051.Symbol : ONWARDTEC

Dear Sir/Madam,

Sub: Intimation of Striking-off of Wholly-owned subsidiary under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to the Regulation 30 read with Schedule III of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Onward Properties Private Limited, a wholly owned subsidiary of Onward Technologies Limited (“the Company”), has been struck off on August 25, 2021 by the Registrar of Companies, Mumbai as per the application form filed by the Company. The said Company did not have any business activity for last two years and is non-operational and non-material subsidiary.

Sr.No. Particulars Disclosure
1. The amount and percentage of the turnover or revenue orincome or net worth contributed by such unit / division /subsidiary of the listed entity during the last financial year endedMarch 31,2019 Subsidiary Revenue/Turnover : NILSubsidiary Net Worth : 0
2. Date on which the agreement for sale has been entered into Not Applicable
3. The expected date of completion of sale/disposal Not Applicable
4. Consideration received from such sale/disposal Not Applicable
5. Brief Details of buyers and whether any of the buyers belong tothe promoters/promoters group/group companiesIfyes,details thereof Not Applicable
6. Whether the transaction would fall within related partytransactions ? If yes, whether the same is done on arm’s lengthbasis ? Not Applicable
7. Additionally, in case of slump sale, indicative disclosuresprovided for amalgamation/merger, shall be disclosed by thelisted entity Not Applicable

We request you to kindly take the above on your records.

Yours Faithfully,

For Onward Technologies Limited

DIMPLE Digitally signed by DIMPLE CHAUHAN CHAUHAN Date: 2021.08.27 16:50:13 +05'30' Dimple Chauhan Company Secretary

Regd. address. : 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: [email protected] | website : www.onwardgroup.com

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