TRF Ltd - 505854 - Announcement under Regulation 30 (LODR)-Restructuring
This is to inform you that the Board of Directors and shareholders of TRF Singapore Pte Limited (hereinafter referred to as "TRFS"), a wholly owned subsidiary of TRF Limited (hereinafter referred to as "TRF" or "Company"), at their meeting held in Singapore on May 17, 2019, have approved the sale/divestment of their entire stake in the wholly owned step down subsidiary Dutch Lanka Trailer Manufacturers Limited (hereinafter referred to as "DLT"), including DLT''s wholly owned subsidiary,Dutch Lanka Engineering Private Limited (hereinafter referred to as "DLE") and DLT''s entire 50% stake in Tata International DLT Private Limited (hereinafter referred to as "TIDLT"), a joint venture company between DLT and Tata International Limited.This is subject to approval of shareholders of TRF Limited.17-05-2019