
Board Meeting4 Nov 2024, 07:36 pm
MARSONS LIMITED to Set Up Subsidiary in United Kingdom for European Market Expansion
AI Summary
MARSONS LIMITED, a company listed on the BSE, has announced that its Board of Directors will meet on 7th November 2024 to consider and approve the setup of a subsidiary company in the United Kingdom. This move aims to expand the company's presence in the European market by creating a base to sell products in the UK and Europe. The decision is subject to approval in the board meeting. In accordance with the Code of Conduct for prevention of Insider Trading, the trading window for dealing in the securities of the Company will be closed for all Connected/Designated Persons from 4th November 2024 until 48 hours after the announcement is made public.
Key Highlights
- MARSONS LIMITED to set up a subsidiary company in the United Kingdom
- The move aims to expand the company's presence in the European market
- The decision is subject to approval in the board meeting on 7th November 2024
- Trading window for dealing in the securities of the Company will be closed for all Connected/Designated Persons from 4th November 2024
- The trading window will remain closed till 48 hours after the announcement is made public