Approves Sale of Stake in Italian Arm for Corporate Restructuring
S H Kelkar and Company Limited · SHK · NSE ·
The Board has approved the sale of its entire direct 17% equity stake in CFF Keva Italy S.p.A. ("CFF"). The stake will be sold to Keva Italy Srl, an indirect wholly-owned subsidiary of the company, for a consideration of up to €12.5 million. This transaction is aimed at streamlin…