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| Updated on October 30, 2012 Published on October 30, 2012

Gujarat Sidhee Cement Ltd has informed BSE that the Appellate Authority for Industrial & Financial Reconstruction, New
Delhi (AAIFR) has passed an order dated October 23, 2012 in respect of the Company, directing the Board for Industrial and Financial Reconstruction (BIFR) to consider the Modified Draft Rehabilitation Scheme of the Company in accordance with law, though the Company’s net worth having turned positive. They have further directed BIFR that the unimplemented provisions of SS-02, if any, will be implemented (will be monitored) by BIFR only not by the Board of the Company.

Source : BSE - >www.bseindia.com

Published on October 30, 2012
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