Corporate Announcement
Security Code : 532694    Company : ASMS    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     13/06/2016 14:27:16
Bartronics India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016, inter alia, has taken cognizance of the debt (both Secured & Unsecured) on the books of the Company and in attempt to address this; it has unanimously agreed to make good efforts to settle the dues. In this context Mr. K. Udai Sagar, Managing Director of the Company, is hereby authorized to initiate, engage in discussions with identified investor in order to execute and enter into an agreement with the investor who would be willing to clear secured and un-secured debt on the books of the Company.
 

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