Corporate Announcement
Security Code : 533212    Company : GKB    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     10/11/2016 16:36:11
GKB Ophthalmics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 10, 2016, inter alia, has transacted the following;

1. Took note of the order passed by The Commissioner, Central Excise and Service Tax, Goa dated October 20, 2016, claiming differential Central Excise Duty aggregating to Rs. 10,85,299 and a penalty of Rs. 10,85,299 and has given the Company 60 days time to file an appeal.

2. Took note of receipt of proceeds by way of sale of shares in Prime Lenses Private Limited, details of which have been intimated to stock exchanges on August 10, 2016.

The Board of Directors' meeting commenced at 3:30 P.M. and concluded at 4:25 P.M.
 

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