Corporate Announcement
Security Code : 513713    Company : WHITEORG    
 
Receipt Of In Principal Approval From BSE For Listing Of Shares Of White Organic Retail Limited On BSE SME Platform Of Wholly Owned Subsidy 'White Organic Retail Limited'.Download PDF Download XBRL
  Exchange Received Time  15/04/2019 08:48:21         Exchange Disseminated Time   15/04/2019 08:48:29              Time Taken   00:00:08
management is pleased to inform, that we are in receipt of In-principal approval from BSE for listing of shares of White Organic Retail Limited wholly owned subsidy of the company on the SME Platform. The BSE SME has given in principal approval for the shares of White Organic Retail Limited. The management is proposing a public issue of Retail division of the company, subject to all the statutory necessary approvals required from authorities.
Currently the company business includes many verticals, out of which Retail contributes as one of the major one, with enormous scope of expansion and scalability. The forth coming IPO of the subsidy would strength the base of Retail division of the company and would help us achieve accelerated growth in the segment. The future growth of Retail division of the company would have
a direct impact on the promoter of the company (White Organic Agro Limited in this case).
 

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