The Board of Directors of SAT Industries Ltd ('the Board') at the meeting held on today i.e., September 23, 2022, has approved the sale of Company's Investment and transfer the shares held by the Company in Genext Students Private Limited i.e. 10,10,127 equity shares constituting 18.79 % of share capital of the Genext Students Private Limited to Navneet Futuretech Limited.
The board also approved an application for listing of securities on the National Stock Exchange of India Limited ("NSE").