ASI Industries Ltd approves stake sale in subsidiary

Market Times - market news
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The Board of Directors of ASI Industries Ltd at its meeting held today i.e. on 15th June, 2022, subject to statutory and other necessary approvals, if any, approved the Sale of entire investment in Al Rawasi Rocks & Aggregate LLC, Fujairah, UAE, held by the Company and its Subsidiary ASI Global Limited, Mauritius, to M/s INJAZ CAPITAL INESTMENT LLC, Dubai, UAE as per the MOU signed between the parties.