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Outcome of board meeting of Simplex Projects

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Capital Market

Held on 28 March 2016

Simplex Projects announced that the Board of Directors of the Company at its meeting held on 28 March 2016, had decided to sell its investment in its wholly-owned subsidiary, Simpark Infrastructure. Accordingly, 16,31,400 Shares (51.21%) have been sold on 31 March 2016 in compliance with the provisions of the Companies Act, 2013 read with SEBI (LODR) Regulations, 2015.

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First Published: Apr 08 2016 | 10:42 AM IST

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