Sanghvi Movers Limited — Important, 25-10-2024: Agreements

Sanghvi Movers Limited has executed a Business Transfer Agreement (BTA) to transfer its Renewable Business to its wholly owned subsidiary, Sangreen Future Renewables Private Limited, on a slump sale basis. This strategic move consolidates the company's operations in the renewable sector, aiming to enhance focus and efficiency within its business structure. Further details on the execution are outlined in the accompanying annexure.