Roni Households Ltd Reduces Stake in Subsidiary Roni Agro Ltd by 1.93%, Losing Subsidiary Status

Roni Households Ltd has sold 1.93% shares of its subsidiary Roni Agro Ltd, resulting in a reduction of shareholding from 50.95% to 49.02%. This disposal of shares has led to Roni Agro Ltd ceasing to be a subsidiary of Roni Households Ltd. The transaction was carried out with various buyers, with no involvement of promoters or related parties. The sale was not part of a Scheme of Arrangement and did not fall under related party transactions.