Categories
Loading...
Categories
Rollatainers Limited has announced a board meeting to discuss the sale of 2,24,99,900 equity shares (approx. 89.9%) and 2,00,000 preference shares of its material subsidiary, R T Packaging Limited, to W.L.D. Investments Private Limited for a consideration of INR 1 lakh. This strategic divestment is aimed at enhancing liquidity and strengthening the company’s balance sheet. The sale, subject to member approval at an Extraordinary General Meeting on April 8, 2025, could bolster investor sentiment by potentially improving financial health and operational growth, marking a pivotal shift in the company's strategic management.