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As on : 03-Dec-2020
Fermenta Biotec.
Fermenta Biotech announced that Fermenta Biotech USA, LLC, a wholly owned subsidiary of the Company, has acquired a 52% membership interest in AGD Nutrition, LLC.

AGD Nutrition LLC is in the similar line of business as that of the Company and Fermenta Biotech USA, LLC. The main purpose of acquisition is to facilitate exports and enhance Company's footprint in North America.

The aggregate consideration for the purchase of membership interest shall be USD $1,260,500.

Goodyear India
Goodyear India will hold a meeting of the Board of Directors of the Company on 7 December 2020.
Zensar Tech.
Zensar Technologies announced the completion of the divestment of equity shares of PSI Holding Group Inc. (step down subsidiary of the Company) held by Zensar Technologies Inc. (wholly owned subsidiary of the Company).

Accordingly, PSI Holding Group Inc. along with its subsidiaries namely, Zensar Technologies IM Inc. and Zensar Technologies IM B.V. have ceased to be the subsidiary(ies)/step-down subsidiary(ies) of the Company.

Larsen & Toubro
Larsen & Toubro has launched North Towers at its unique residential project - Seawoods Residences in Navi Mumbai. The project has drawn strong interest from homebuyers with over 300 expression of interest received within the first two weeks. This shows that the popularity and momentum of last year continues when 500 apartments of this project were sold out in a record time.
Raymond announced that its wholly owned subsidiary, Silver Spark Apparel has entered into a Share Transfer Agreement for divestment of its entire stake in Dress Master Apparel (DMAPL), wholly owned subsidiary of SSAL.

Accordingly, SSAL, on completion of conditions set forth in the Share Transfer Agreement, will divest its entire stake in DMAPL

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