Company Secretary
140 Points
Posted on 28 January 2011
Dear Members,
There are two companies namely 'Company A' (Unlisted closely held public company) and 'Company B' (Listed in BSE) . 'Company A' is one of the promoters of 'Company B'.
Company B's (Listed Company) paid up capital is 13,80,00,000 The promoter company (Company A) sold 10,000 shares of 'Company B' .
Now my question is,
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Is there any disclosure requirement to the stock exchange?
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If so under what regulation.
Kindly express your views.
Thanks and Regards
VINAY B L