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Accordingly, CPBV has increased its shareholding from 85% to 90% into Markprint B.V.

Control Print B.V. has incorporated a new Wholly Owned Subsidiary by the name ‘CP Italy S.r.l’

Being it is a wholly owned subsidiary, there is no change in the shareholding percentage of the Company in Control Print B.V, pursuant to this investment

Accordingly, CPLBV has increased its shareholding from 75% to 80% into Markprint B.V

Being it is a wholly owned subsidiary, there is no change in the shareholding percentage of the Company in Control Print B.V, pursuant to this investment

There is no change in the shareholding percentage of the Company in Control Print B.V, pursuant to this investment

CPPPL is being incorporated pursuant to execution of Joint Venture Agreement dated December 8, 2022 between Control Print & V Shapes

The company will hold 90% of paid up and issued share capital for consideration of Rs 10 crore

The object of the proposed acquisition is strategic long term investment to have access to technology as well as access to European Market