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Corporate News
02-May-20
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Board of Polycab India approves acquisition of balance 50% stake in Ryker Base
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At meeting held on 02 May 2020
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The Board of Polycab India at its meeting held on 02 May 2020 has approved the acquisition of 2,60,10,000 (i.e. balance 50% equity shares) of face value of Rs.10/- each held by Trafigura, Singapore (‘Trafigura') in
Ryker Base.
Ryker Base would become a wholly-owned Subsidiary Company after acquisition of the said equity shares from Trafigura.
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