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| Exchange Received Time 08/02/2018 17:25:25 Exchange Disseminated Time 08/02/2018 17:25:33 Time Taken 00:00:08 | In terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 we wish to inform you that the Board of Directors of the Company at its meeting held today has:
1.Discussed the General Affairs of the Company. The Board further discussed the future prospects of the company specifically focussing on new developments and top line growth for FY 2019-20.
2.Keeping pace with double digit top line growth the board have discussed to expand the scope of machines to rope industry. Rope industry is a large sector, paving its way in the same would help in growing sales in coming years.
3.Board further discussed to take initiatives to participate in several domestic and international exhibitions to tap a large base of big and medium size customers worldwide.
4.Nomination of Mr Shakti Motani to the role ofbusiness development head for identifying and leading strategic business development.
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