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Outcome of Board Meeting

| Updated on July 09, 2012 Published on July 09, 2012

Benzo Petro International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 07, 2012, has:

1. Approved to sell 100% assets consisting of Land, Building Plant & Machinery of the Company situated at Vadodara, Gujarat pursuant to Section 293(1)[a) of the Companies Act, 1956 for total consideration of Rs. 26.00 crores to be paid by way of shares of Sudar Industries Limited.

2. Decided to conduct Postal Ballot for seeking approval of the Members of the Company for the above referred matter.

Source : BSE - www.bseindia.com

Published on July 09, 2012
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