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Technocraft Industries (India) Ltd. Capital/Financing Update 2019

Nov 26, 2019

61626_rns_2019-11-26_e951da68-b359-44e0-8329-44896be4978e.PDF

Capital/Financing Update

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S.N.I ParticularsofinformationrequiredTheamountandpercentageoftheturnoverorrevenueorincomeand net ParticularsofinformationorovidedRevenuefromOperation:{284.61Lakhswhichis0.22Yooftheconsolidatedturnoverofthe
worthcontributedbysuchunitor Company duringFY2018-19.
division ofthe Companyduringthe last
financialvear.
2 Dateon which theaqreementforsale First Asreement isentered onNovember26.2019
hasbeen enteredinto
3 Theexpecteddateofcompletionof FinalagreementshallbeenteredonNovember
sale 28,2019
4 Consideration receivedfromsuchsale Rs.3,64,34,454(RupeesThree Crores,Sixty Four
Lakhs,ThirtyFour Thousand, Four HundredFifty
Fouronly)
5 Briefdetailsofbuyersandwhether anyof thebuyers belongtothepromoter/promotergroup/group IWs.MittalMegaProjectsPrivateLimitedandMr.RohitRajendraGoyalofPunearethebuyers.Noneof thebuyersarebelongsto
companies.IfYes, detailsthereof oromoter/promotergroup/groupcompanies.
6 Whetherthetransactionwouldfall No.
withinrelated party transactions?If
yes,whether thesameis done "arm's
length"
7 Additionally,incaseofslumpsale, Notapplicable
indicativedisclosuresprovidedfor
amalgamation,incaseofaslumpsalc,
indicativedisclosuresprovidedfor
amalgamation/ merger, shallbe
disclosedby the Companywithrespect
tosuchslumpsale.