|
Exchange Received Time  09/11/2017 15:10:55 Exchange Disseminated Time 09/11/2017 15:11:03 Time Taken 00:00:08 | The Board of Directors at their meeting held today i.e. 9th November, 2017 has : A. accorded their in-principal approval to the Executive Directors of the Company to evaluate proposals for expansion by setting up new greenfield ferro alloys project and/or by acquisition of assets of other ferro alloy manufacturing units. B. approved the acquisition of entire equity shares of Salanpur Sinters Private Limited. The details as required under Securities and Exchange Board of India circular no. CIR/CFD/CMD/4/2015 dated 9th September, 2015 are provided in Annexure A (as enclosed). C. approved the acquisition of beneficial interest in remaining 6 (six) equity shares of Anjaney Minerals Ltd. (a subsidiary of the Company). Consequent upon such acquisition of beneficial interest, Anjaney Minerals Ltd. shall become a wholly owned subsidiary of the Company. The Board Meeting commenced at 11:30 a.m. and concluded at 1:50 p.m. |
|
|