| ||Board Meeting on Oct 13, 2011 | 10/03/11 10:47|| |
| ||Diana Tea Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 13, 2011, inter alia, to transact the following agenda:|
1. To approve the sale of substantial part of undertaking of the Company viz. Ambari Tea Estate, situated at P.O. Ambari Bagan, Dist. Jalpaiguri, West Bengal to prospective buyer namely M/s. Maxwell Golden Tea Pvt. Ltd., having its registered office at No.10, Damu Nagar, Puliakulam, Coimbatore - 641 045, Tamil Nadu.
2. To approve notice of postal ballot and explanatory statement u/s.293 (1)(a) of the Companies Act, 1956 read with sec.192A of Companies (passing of resolution by postal ballot) rules 2001.
3. To confirm the appointment of scrutinizer.