ImportantSale or disposal

Titagarh's board approved spinning off its Shipbuilding & Maritime Systems business to its wholly-owned subsidiary TNSL via a slump sale for Rs. 114.88 Cr in securities.

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TITAGARH RAIL SYSTEMS LIMITEDTITAGARH · Filed with the exchange

This strategic move allows focus on core railway systems.

The company also granted 874,500 employee stock options.

Read the original filing(PDF)

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