Deals10 Sept 2025, 06:41 pm
Jyothy Labs Ltd Receives Sale Consideration for Entire Equity Stake in Jyothy Kallol Bangladesh Limited
AI Summary
Jyothy Labs Ltd has announced the receipt of the sale consideration amount of Bangladeshi Taka 3,01,92,134 for the sale of its entire equity stake in Jyothy Kallol Bangladesh Limited (JKBL) to Kallol Enterprise Limited. This announcement follows the company's earlier disclosure dated March 25, 2025, regarding the sale of a 75% stake in JKBL.
Key Highlights
- Jyothy Labs Ltd has received the sale consideration amount of Bangladeshi Taka 3,01,92,134 for its entire equity stake in Jyothy Kallol Bangladesh Limited.
- The stake was sold to Kallol Enterprise Limited for an aggregate consideration of Bangladeshi Taka 3,01,92,134.
- This announcement follows the company's earlier disclosure dated March 25, 2025, regarding the sale of a 75% stake in JKBL.