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Krypton Industries Ltd Divests Krypton Developer's Ltd


Tuesday, 14 May 2013 12:58am EDT 

Krypton Industries Ltd announced that the Company, holding 49,400 equity shares (being 98.8%) out of 50,000 Issued, subscribed & paid up equity shares of Krypton Developer's Limited, has disposed off 40,000 shares out of its holding on March 30, 2013 by sale. Therefore, Krypton Developers Limited will no longer be deemed to be a subsidiary of Krypton Industries Limited with effect from March 30, 2013, by virtue of section 4(1)(b)(ii) of the Companies Act, 1956. 

Company Quote

14.94
0.14 +0.95%
19 Sep 2014