Key Decision and Date

The Board of Directors of Valecha Engineering Limited, at their meeting held on June 5, 2026, decided to transfer the company's entire equity shareholding in its wholly-owned subsidiary, Valecha Infrastructure Limited.

Transaction Details

  • Number of Shares: 42,000 equity shares
  • Face Value: ₹10 per share
  • Total Consideration: ₹4,20,000 (Four Lakh Twenty Thousand Rupees)
  • Subsidiary: Valecha Infrastructure Limited (wholly-owned subsidiary)

Financial Impact

The transaction involves a total consideration of ₹4,20,000 for the sale of entire stake in the subsidiary. The financial impact represents the disposal value of the investment.