21-Sept-2026 20:00:57
MODISONLTDGeneral news
MODISON LIMITED : CESSATION OF WHOLLY OWNED SUBSIDIARY
• Modison HV Private Limited has ceased to be a wholly owned subsidiary of Modison Limited. • The subsidiary was not a material subsidiary and has not been operative since its acquisition. • Its cessation will not have any impact on the Company's revenue or business. • The company has completed the transfer of its entire shareholding in Modison HV Private Limited. • Consideration received from sale/disposal is ₹27,68,000/- • Buyers are members of the promoter/promoter group. Impact: Neutral (Cessation of an operative and non-material subsidiary)
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