Acquisitions10 Feb 2024, 12:51 am
Newtime Infrastructure Limited Acquires 100% Stake in Neoville Developers Private Limited
AI Summary
Newtime Infrastructure Limited has acquired 100% stake in Neoville Developers Private Limited for a total consideration of Rs. 9,18,68,000/-, as per the Share Purchase Agreement signed between the two companies. The acquisition is in compliance with Regulation 30 of SEBI (LODR) Regulation, 2015 and the detailed disclosure is enclosed as 'Annexure -I'.,
Key Highlights
- Newtime Infrastructure Limited acquires 100% stake in Neoville Developers Private Limited
- Total consideration of Rs. 9,18,68,000/-, as per Share Purchase Agreement
- Compliance with Regulation 30 of SEBI (LODR) Regulation, 2015