Rossell India Ltd has signed and executed a share purchase agreement with Skanda Aerospace Pvt Ltd, Hyderabad to sell and transfer the entire shareholding of 5,62,500 equity shares of Rs 10 each held by the company in Sigma Microsystems Pvt Ltd, Hyderabad. The sale and transfer has since been completed.
In view of this, from now onwards, Sigma has ceased to be the company's subsidiary.
