Cosmo Films provides update on subsidiary - Global Holding Mauritius

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Capital Market
Last Updated : Jan 17 2017 | 12:04 AM IST

Global Holding Mauritius files application for winding up

Cosmo Films announced that CF Global Holding Mauritius, a wholly owned subsidiary of Cosmo Films has ceased its activities and filed an application for winding up under section 309(1)(d) of the Companies Act, 2001 of Mauritius. Consequently, the shares of CF (Netherlands) Holdings B.V. (hither to held by CF Global Holding Mauritius ) stand transferred to the Company resulting into CF (Netherlands) Holding B.V. becoming a direct wholly owned subsidiary of the Company with effect from 12 January 2017.

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First Published: Jan 16 2017 | 6:14 PM IST

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