Rollatainers Sells 10 Lakh Equity Shares in JV to Promoter Group Firm
Rollatainers Limited announced the outcome of its Board Meeting held on Tuesday, December 30, 2025. The Board approved the sale of 10,00,000 equity shares, each with a face value of ₹10, held in its J...
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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 company is a corporate action that does not inherently indicate positive or negative financial performance or strategic growth. the transaction is disclosed as an arm's length transaction.
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Rollatainers Sells 10 Lakh Equity Shares in JV to Promoter Group Firm
December 30, 2025, 02:50 PM
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Rollatainers Limited announced the outcome of its Board Meeting held on Tuesday, December 30, 2025. The Board approved 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.
WLD Investments Private Limited is identified as the Holding Company/Promoter Company. Consequently, Rollatainers-Toyo Machine Private Limited ceased to be the Joint Venture Company of Rollatainers Limited effective December 30, 2025.
The transaction is a related party transaction and has been undertaken at an arm's length price. The agreement for the sale was entered into on December 30, 2025, with the expected completion date also being December 30, 2025. The consideration received from the sale is ₹1.00 lac.
The Board Meeting commenced at 04:30 P.M. and concluded at 05:00 P.M.
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