Summary of Key Information:

Nature of Filing / Announcement: Outcome of Board Meeting regarding proposed sale of undertaking

Corporate Actions:

  • Approved proposal for sale or otherwise transfer of the whole or substantially the whole of the undertaking of the Company
  • Aggregate consideration: Approximately ₹17.00 Crore
  • Subject to approval of Members by way of Special Resolution through Postal Ballot
  • Subject to receipt of applicable statutory and regulatory approvals
  • Approved Postal Ballot Notice along with calendar of events for seeking shareholder approval
  • Appointed Ms. Payal Dhamecha (Membership No. ACS 47303, COP No. 20411), Proprietor of M/s. Payal Dhamecha & Associates, Practicing Company Secretary, as Scrutinizer to conduct Postal Ballot process through remote e-voting

Other Significant Information:

  • Company Registered Office: B-206, The Imperial Heights, Opp. Big Bazar, 150 Ring Road, Rajkot-360005, Gujarat
  • Factory Address: Survey No. 54 P, N.H. 8 B, Nr. Pan Agri Exports At. Bhunava, Ta. Gondal, Dist. Rajkot - 360311, Gujarat
  • Corporate Identity Number (CIN): L01405GJ2008PLC054913
  • Chairman & Managing Director: Lalitkumar Chandulal Vasoya (DIN: 02296254)