Rollatainers Limited — Board Meeting, 17-03-2025: Outcome of Board Meeting

The Board has announced a meeting outcome where it approved the sale of 2,24,99,900 equity shares and 2,00,000 preference shares of R T Packaging Limited, a material subsidiary, to enhance liquidity and improve the balance sheet. This divestment aims to focus on new ventures while strengthening ongoing businesses. The approval from shareholders will be sought in a general meeting before finalizing the sale, expected by April 30, 2025. The transaction with W.L.D. Investments Private Limited, part of the promoter group, signifies a related party transaction conducted at arm's length based on an independent valuation.