Rollatainers Sells 10 Lakh Equity Shares in JV to Promoter Group
Rollatainers Limited announced the sale of 10,00,000 Equity Shares, each with a face value of ₹10, held in its joint venture, Rollatainers-Toyo Machine Private Limited, to WLD Investments Private Limi...
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Why is Rollatainers Limited in the news today?
Rollatainers Limited (ROLLT) is in the news due to the sale of shares in a joint venture to a promoter group entity is a related party transaction. while it represents a corporate action, it does not immediately indicate a significant positive or negative financial impact based on the provided information, hence the neutral sentiment.
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Rollatainers Sells 10 Lakh Equity Shares in JV to Promoter Group
December 30, 2025, 02:53 PM
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More Details on This News
Rollatainers Limited announced the sale of 10,00,000 Equity Shares, each with a face value of ₹10, held in its joint venture, Rollatainers-Toyo Machine Private Limited, to WLD Investments Private Limited. This transaction, which took place on December 30, 2025, resulted in Rollatainers-Toyo Machine Private Limited ceasing to be a joint venture company for Rollatainers Limited effective the same date.
The Board of Directors of Rollatainers Limited approved this sale during their meeting held on Tuesday, December 30, 2025. The meeting commenced at 04:30 PM and concluded at 05:00 PM.
According to the disclosure under Regulation 30 of SEBI Listing Regulations, the buyer, W.L.D. Investments Private Limited, is part of the Promoter Group. The transaction is considered a related party transaction but has been undertaken at an arm's length price. The consideration received from this sale was ₹1.00 lac. The company reported NIL turnover, revenue, or income, and net worth contribution from the joint venture unit during the last financial year.
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