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| Exchange Received Time 10/07/2017 15:27:38 Exchange Disseminated Time 10/07/2017 15:27:43 Time Taken 00:00:05 | In terms of the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Stock Exchange is hereby informed that the Board of Directors of the Company in its meeting held on July 10, 2017, has discussed and resolved the following along with other matters:
1.Discussed outstanding payment to cane farmers and lenders.
2.Under any other item: To explore the possibility of disposing of its operating unit "Mawana Sugar Works" located at Mawana, Meerut, Uttar Pradesh to meet its obligation for discharging its liability towards farmers and lenders. |
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