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Exchange Disseminated Time | Standard Industries Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have passed the Ordinary Resolution under Section 293(1)(a) of the Companies Act, 1956, authorizing the Board of Directors of the Company to sell, lease, transfer, assign, develop or otherwise dispose of in any manner, the whole or substantially the whole of the Undertaking of the Company comprising the land situated at Village Naugama, Taluka Zagadia, District Bhraueh, (Gujarat, to one or more parties in one or more tranches. |
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