Corporate Announcement
Security Code : 533014    Company : SICAGEN    
 
Sicagen India - Outcome of Board Meeting 
  Exchange Disseminated Time     
Sicagen India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 26, 2009, inter alia, has considered and approved a proposal for acquiring a new business undertaking relating to manufacture of drums & barrels, at Chennai.

The Board has also confirmed & finalized, at this meeting, the sale of Goodwill Travels & Cargo Division of the Company. This is pursuant to the approval of the shareholders obtained through passing of resolution by Postal Ballot on December 08, 2008.
 

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