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Stratmont Industries informs about sale of equity shares of subsidiary company

Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Stratmont Industries has informed that the Company has entered into a Share Purchase Agreement (‘SPA’) for transfer of its entire shareholding in Stratmont Coal and Commodity (‘SCC’). The company further clarified that the aforesaid subsidiary does not fall within the definition of a ‘Material Subsidiary’ as specified under Regulation 16(1)(c) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The above disclosure will also be made available on the Company’s website at www.stratmontind.com pursuant to Regulation 30 of the Listing Regulations. The details required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 November 11, 2024, is attached as Annexure – A.

The above information is a part of company’s filings submitted to BSE.