"The Company today i.e. March 14, 2020 has sold 10,000 equity shares i.e. 100% of the total equity capital of its wholly owned subsidiary Swarnim Nirman Private Ltd," it said in a BSE filing.
According to the statement, the buyer does not belong to the promoter/promoter group. The company has received a consideration of Rs 1 lakh for disposing of its entire stake in the arm, it said.
It also said the deal is not a related party transaction. KKS ABM