Corporate Announcement
Security Code : 532806    Company : AICHAMP    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
AI Champdany Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 25, 2014, has authorised to sale one of the undertaking of the Company Anglo India Jute Mill (Middle Mill) situated at Jagatdal, Dist 24 Parganas, West Bengal as a running unit on an as is where is basis, by way of slump sale subject to the approval of the Shareholders as required under Section 180(1)(a) of the Companies Act, 2013 through Postal Ballot and consent of Bankers and other regulatory compliances as may be required.
 

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