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BSE: 540797NSE: SHALBYISIN: INE597J01018

4th-May-2021 20:39Source: BSE

Shalby - Announcement under Regulation 30 (LODR)-Acquisition

With reference to the captioned subject, we would like to inform you that Mars Medical Devices Limited, a wholly-owned subsidiary of the Company has agreed to acquire 100% equity shares capital of Shalby Advanced Technologies Inc., Wilmington, Delaware, USA based on Common Stock Purchase Agreement and thereby it became step-down subsidiary of Shalby Limited.