Krypton Industries Ltd — Board Meeting, 02-05-2025: Board Meeting
02-05-2025 | 01:03 pm
02-05-2025 | 01:03 pm
Krypton Industries Limited has announced a board meeting that approved the execution of a Share Purchase Agreement to sell its entire investment in subsidiary Krypton Europe S.R.O. The sale is planned in one or more tranches, expected to complete on or before 31 May 2025. The consideration for the sale is €47,497.50 received from a buyer not related to the promoter group. Krypton Europe S.R.O contributed no revenue or net worth to the consolidated figures for the year ending 31 March 2024. This divestment focuses the company’s resources and may impact its international operations.
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