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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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