Kothari Products’ arm divests entire stake in subsidiary

Kothari Products’ subsidiary — Kothari Products Singapore has divested entire stake in its 100% subsidiary Pinehills Singapore (a step down subsidiary of the company). Accordingly, the aforesaid company has ceased to be the step down subsidiary of the company.

Kothari Products is engaged in the business of international trade and real estate activities. The Company operates in two segments: Trading Items and Real estate.

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