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Jyothy Labs LimitedBoard Meeting, 25-03-2025: Outcome of Board Meeting

25-03-2025 · 05:21 pm

The Board has announced a board meeting outcome approving the sale of its entire equity stake in Jyothy Kallol Bangladesh Limited (JKBL) to Kallol Enterprise Limited for BDT 3.02 crore. This transaction results in JKBL ceasing to be a subsidiary of Jyothy Labs. In the last financial year, JKBL contributed 0.14% to the company's revenue and 0.42% to its net worth. The move aligns with the broader business strategy, enhancing focus on core operations.

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