Deals30 March 2026 at 05:12 pm
Cambridge Technology Enterprises Ltd to Disinvest Entire Shareholding in Two Subsidiaries
AI Summary
Cambridge Technology Enterprises Ltd announced that its Board of Directors has approved the disinvestment of 100% shareholding in two of its wholly owned subsidiaries, R.P. Web Apps Private Limited and CTE Technology Solutions Private Limited (Formerly known as CTE Web Apps Private Limited). The decision was made during the Board meeting held on March 30, 2026. Upon completion of the transfer, both subsidiaries will cease to be a part of the company. The relevant disclosures as prescribed under the SEBI regulations have been enclosed in the announcement.
Key Highlights
- Cambridge Technology Enterprises Ltd to disinvest entire shareholding in R.P. Web Apps Private Limited and CTE Technology Solutions Private Limited.
- The decision was made during the Board meeting held on March 30, 2026.
- Upon completion of the transfer, both subsidiaries will cease to be a part of the company.
- The relevant disclosures as prescribed under the SEBI regulations have been enclosed in the announcement.