Stratmont Industries Ltd Disinvests Entire Shareholding in Subsidiary Stratmont Coal and Commodity Private Limited

Stratmont Industries Ltd has informed the exchange about the disinvestment of its entire shareholding in its subsidiary, Stratmont Coal and Commodity Private Limited. The disinvestment is carried out through a Share Purchase Agreement (‘SPA’). The subsidiary does not fall within the definition of a ‘Material Subsidiary’ as specified under Regulation 16(1)(c) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The sale/disposal amount is Rs. 99,000/- and the expected date of completion of sale/disposal is 06th March, 2026. The buyer, Mr. Vatsal Agarwaal, is an existing promoter of the company and the transaction is at arm's length.