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| Exchange Disseminated Time | Punjab Chemicals & Crop Protection Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 09, 2013, inter alia, has considered and approved the following :
1. To give Tarapur Unit of the Industrial Chemicals Division of the Company on lease to United Phosphorus Limited, including all intangibles, plant, machinery and building therein, subject to the approval of the shareholders, regulatory authorities and lenders and on the terms and conditions and consideration amount as may be finalized by the Board of Directors of the Company.
2. The notice of Postal Ballot for seeking authorization from the shareholders of the Company by way of special resolution for the aforesaid proposal of the Board. |
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