DCM Shriram Consolidated has announced that the company along with its subsidiary DCM Shriram Credit And Investments have sold 17,33,207 and 48,993 equity shares of Rs 10 each respectively representing 100% of the equity share capital of its subsidiary DSCL Energy Services Company (DESCO) at a price of Rs
In addition, the company has also received a non-compete fee of Rs 2.93 crore from the buyer for undertaking not to enter into any business which is similar to the existing business of DESCO for a period of five years.
Source :www.biginfotech.in
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