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 October 29, 2008, inter alia, has considered and approved :

1. The proposal for Sale / Transfer or otherwise dispose of the following business / division / units of the Company :

(a) Goodwill Governor Services
(b) Goodwill Travels & Cargo
(c) Goodwill Engineering Works
(d) Speciality Chemicals

2. The draft Notice to the shareholders for passing of resolution by Postal Ballot in respect of the proposed sale / transfer or otherwise dispose of the aforesaid businesses / divisions / units.
 

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