The Board will discuss the following agenda items:
1. Consideration and approval of the proposal for substantial sale of the whole undertaking of the Company. This proposal is being considered in light of the current state of affairs of the retreading business segment. The sale is subject to approval by the shareholders of the Company.
2. Consideration and approval of the draft postal ballot notice and explanatory statement related to the proposed undertaking sale.
3. Other items not specified in the disclosure.
The communication was signed by Akash Bhagadia, Company Secretary & Compliance Officer (Membership no. A50559), on behalf of Vamshi Rubber Limited. The financial impact of the proposed undertaking sale is not quantified in this disclosure.