Important
Company Update
P.M. Telelinnks Ltd513403 · Filed with the exchange
P.M.
Telelinnks' board noted the completion of M/S. BSL INFRASTRUCTURE LTD.'s acquisition of 4.83 Cr equity shares, representing 48.03% of the company's capital at Rs 6.20 per share.
This transaction makes BSL INFRASTRUCTURE the new promoter and grants it control.
Consequently, the board saw significant changes: four new directors, including a new Chairman and CEO, were appointed, while four previous directors resigned.
The company also appointed a new CFO and CEO, with the former CEO and CFO stepping down.
The prior promoter group has been re-classified.
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