Outcome of Board Meeting

Himalya International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 18, 2013, inter alia, has reviewed and approved as under:

1. Board reviewed & expressed satisfaction on the arrangements made to replenish the stocks in US so as to service the regular customers. Mr. Sanjiv Kakkar informed the steps taken to claim the loss from the Warehousing & Insurance Company.

2. Board reviewed the performance of both units. It approved the changes made in Administrative structure at Gujarat Plant and directed to put in place a strong administrative committee to build a disciplined work force and eliminate all impediments to augment the pace towards the set Goals from Gujarat Plant.

Source : BSE - >www.bseindia.com

Published on October 19, 2013
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