Shalby Ltd - 540797 - Further Subscription By Mars Medical Devices Limited In Shalby Global Technologies Pte. Ltd., Singapore
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015, we wish to inform that the Company''s Wholly-owned Subsidiary Mars Medical Devices Limited (MMDL) has further subscribed 2,09,000 equity shares of SGD 1 each in MMDL''S Subsidiary Shalby Global Technologies Pte. Ltd., Singapore (SGTPL), and remitted funds for the same on December 7, 2021. SGTPL is a subsidiary of Mars Medical Devices Limited and a Step-down Subsidiary of the Company. Shareholding of MMDL in SGTPL is now increased from 96% to 97.82%.07-12-2021