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
- Board approved Postal Ballot Notice along with calendar of events for seeking shareholder approval