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| Exchange Disseminated Time | Hindusthan National Glass & Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2015, inter alia, has considered, recommended and approved the following :
1. Option of conversion of debt into equity as per the terms and conditions of Corrective Action Plan approved by the Joint Lender Forum (JLF) subject to approval of the shareholders in the ensuing AGM.
2. Pursuant to SEBI (prohibition of Insider Trading) Regulation 2015, approved the Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information & Code of Conduct for prevention of Insider Trading in securities of the Company in supercession to previous Insider Trading Code of the Company.
Further, a copy of Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of SEBI circular dated May 11, 2015 is enclosed. |
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