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Sermo-PM India ceases to be a joint venture company of Voltas
October 7, 2005

The company has on October 6, 2005 transfered its entire 50 per cent shareholding comprising 6,500,000 equity shares of Rs 10 each of Sermo-PM India (SPMIL), a joint venture company with Sermo Montaigu, France to Sermo (SAS) having its registered office at Saint Hilaire de Laulay, France.

SPMIL therefore ceases to be a joint venture company of Voltas effective October 6, 2005.




 

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