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| Exchange Received Time 09/02/2018 17:51:21 Exchange Disseminated Time 09/02/2018 17:51:25 Time Taken 00:00:04 | Pursuant to Regulation 33 read with and Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform that the meeting of the Board of Directors of the Company held on today i.e. February 9, 2018. The outcome of major business transacted was as follows:
1. Approval to unaudited financial results for the quarter ended December 31,2017.
2. Taken on record the Limited Review Report received from M/s Bagaria & Co., Chartered Accountants, Mumbai the statutory auditors of the Company.
3. Noting of e-auction of Marol land under the SARFAESI Act, 2002 by Indiabulls Housing Finance Ltd., Secured Creditor, regn. of transfer of title deeds and its impact in the Books of accounts during the quarter ended December 31,2017.
4. Constitution of the Independent Directors Committee (IDC) under Regulation 26(7) of SEBI (Acquisition of Shares and Takeover) Regulations 2011in view of the pending open offer comprising of following members:
(i) Shri Bharat B.Merchant-Non Executive Independent Director - Chairman
(ii) Shri V.K.Bhandari- Non Executive Independent Director - Member
(iii) Ms. Kokila Panchal- Non Executive Independent Director -Member |
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