Stratmont Industries Ltd — Important, 06-03-2026: Company Update
06-03-2026 | 10:17 pm
06-03-2026 | 10:17 pm
Stratmont Industries has divested its entire shareholding in subsidiary Stratmont Coal and Commodity Private Limited, selling it to Mr. Vatsal Agarwaal, an existing promoter shareholder, for Rs. 99,000. This related party transaction, completed immediately, was conducted at arm's length. Critically, the subsidiary contributed no turnover, revenue, income, or net worth to Stratmont last financial year, indicating the sale has a negligible impact on the company's overall business operations and financial standing.
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