Divestment11 Sept 2026, 08:30 pm
Xelpmoc Design Sells Woovly India Stake for ₹14.58 Cr
AI Summary
Xelpmoc Design and Tech Ltd has announced the approval from its Audit Committee and Board of Directors for the sale/disposal of its investment in equity shares of Woovly India Private Limited. The total consideration for this transaction is Rs. 14,58,36,810/-, determined as per a valuation report from a registered valuer. This move signifies a divestment of a strategic investment by the company.
Key Highlights
- Company approved sale of investment in Woovly India.
- Total consideration for the sale is Rs. 14,58,36,810.
- Valuation report from registered valuer was obtained.
- Audit Committee and Board of Directors approved the proposal.
Price Impact
More from XELPMOC