Akashdeep Metal Industries Ltd - Outcome of Board Meeting

| Updated on June 19, 2019

In compliance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Board of Directors of the Company at their meeting held on today i.e. 19th June, 2019 inter alia discussed and approved the following business:
1. Sale of Entire Investment held in Wholly Owned Subsidiary i.e. Anmol Financial Services Limited (Anmol Financial) to the Promoters & Promoters Group of Our Company & consequently Anmol Financial would cease to be Subsidiary of Our Company, subject to approval of Shareholders and other regulatory authority (ies) if any;

2. Notice of Postal Ballot and to provide e-voting facility to obtain shareholders approval through Special Resolution for abovementioned agenda;

3. Appointed Mr. Ravi Shankar, Practicing Company Secretary prop. of M/s Ravi Shankar & Associates, to act as Scrutinizer for conducting the Postal Ballot and E-voting procedure in a fair and transparent manner.

Pdf Link: Akashdeep Metal Industries Ltd - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on June 19, 2019

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