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| Exchange Disseminated Time | STL Global Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 14, 2012, inter alia, has approved the following:
1. Accepted the resignation of Mr. Jagmohan Lai Agarwal, Independent Director, from directorship of the Company.
2. Sale of Land and Building of the Company situated at 'Plot No.4, Sector-6, Faridabad, Haryana' to M/s Glen Appliances (P) Limited for an amount of Rs. 49.08 Crores in accordance with the terms of CDR Package approved by CDR Cell and as per the directions received from Asset Sale Committee (ASC) constituted by the CDR Cell. |
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