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| Exchange Received Time 14/08/2019 18:52:11 Exchange Disseminated Time 14/08/2019 18:52:19 Time Taken 00:00:08 | In compliance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'), we wish to inform you that the Board of Directors of the Company, due to certain business exigencies reassembled today instant, approved the following transactions:
1) Approved the draft Asset Purchase Agreement ('the said Agreement'), for sale of Chemical Manufacturing plant along with the Residential Colony situated at Mahad, Maharashtra, to be entered between the Company and M/s Yellowstone Chemicals Private Limited, Mumbai, subject to approval of the shareholders in the ensuing AGM and approval(s) from necessary regulatory authorities.
2.Approved the alteration in Object Clause of the Memorandum of Association of the Company, subject to approval of the shareholders in the ensuing AGM.
3 Approved the revised notice convening the 27th AGM of the Company to be held on Saturday,September 28, 2019. |
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