Aspinwall and : Sale or disposal of unit/ division/subsidiary
April 30, 2022 at 12:27 pm IST
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30th April, 2022
National Stock Exchange of India Ltd.
Exchange Plaza, 5th Floor, C/1 G Block Bandra-Kurla Complex
Bandra East
Mumbai - 400051 Tel: 022-26598100
Dear Sir,
Sub: Intimation of Dissolution of a Wholly Owned Subsidiary Company - Aspinwall
Technologies Limited
Ref: Symbol : ASPINWALL
With reference to the captioned subject, we would like to inform you that the wholly owned subsidiary company, namely, Aspinwall Technologies Limited, has been dissolved (through voluntary liquidation process) as per the order of National Company Law Tribunal, Kochi Bench, Kerala, order of which was received on 29th April, 2022. It may be noted that this Company was not a material subsidiary and did not have any business activity. The details as required under SEBI (LODR) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 are enclosed as Annexure A.
Kindly take this on your record.
Thanking you,
For ASPINWALL AND COMPANY LIMITED
Sd/-
Neeraj R Varma
Company Secretary
Annexure A
Sl. No.
Particulars
Details
a)
The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division of the listed entity during the last financial year
Aspinwall Technologies Limited had Rs.1.50 lacs as revenue (being interest income on Bank Deposits) and loss of Rs.1.42 lacs during the FY 2020-21. It had a net worth of Rs.38.14 lacs as at 31st March, 2021.
b)
Date on which the agreement for sale has been entered into;
NA
c)
The expected date of completion of sale/disposal
Dissolved.
d)
Consideration received from such sale/disposal
NA
e)
Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof
NA
f)
Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arms length"
N.A.
g)
In case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.
NA
ogies Limited
(being
income on Bank 1.42 lacs
It had a as at
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Aspinwall & Co Ltd. published this content on 30 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2022 06:56:07 UTC.
Aspinwall and Company Limited is engaged in diversified business activities comprising logistics services, coffee processing and trading, rubber plantations, manufacture, and trading of natural fiber products. It caters to both domestic and international markets. The Companyâs geographical segments include the Americas (including Canada and South American countries), Europe and India. Its divisions include Logistics Division, which offers liner services, customs house agents, air cargo services, ship agency services, warehousing services, bulk cargo services, stevedoring services, project and over-dimensional cargo handling, and freight forwarding services; Coffee Division, which offers specialty coffees, such as Monsooned Malabar AA and Monsooned Robusta AA; Plantation Division, which produces centrifuged latex and natural rubber, and Natural Fibre Division, which offers a product range, including entrance mats, corridor mats, mattings, carpets, rugs, runners and mesh mattings.
ASPINWALL AND COMPANY LIMITED 
