REPRO INDIA LTD. - 532687 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has executed a binding Settlement Agreement with Macmillan Publishers India Private Limited ('Macmillan') subject to certain terms and conditions of which the (i) existing supply agreement and (ii) Lease Deed for property owned by Macmillan situated at Chennai which was occupied by our Company; shall stand terminated against receipt of an agreed fee by our Company. Simultaneously, our Company has also executed a new Supply Agreement with Macmillan in supersession of the existing Supply Agreement executed by and between our Company and Macmillan. This is for information and records.28-03-2019