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| Exchange Disseminated Time | Gangotri Textiles Ltd has informed BSE that members of the Company, by way of Postal Ballot, have passed the Ordinary Resolution for consent for the Board of Directors under Section 293 (1) (a) of the Companies Act, 1956, to take decision to sell, transfer, lease or dispose of the following units and vacant lands belonging to the company, with requisite majority.
1. Weaving and Processing Unit together with all other facilities located at SIPCOT Industrial Growth Centre, Perundurai, Erode District referred to as Unit - 8 as a going concern.
2. Ring Spinning Unit together with all other facilities including the Furnace Oil Power Generation Plant situated at Pushpathur, Udumalpet Taluk referred to as Units- 4 and Unit - 9 as a going concern.
3. Vacant Land admeasuring 25.03 acres situated at Sullakkal Village, Pollachi Taluk.
4. Vacant Land admeasuring 26.49 1/2 acres situated at Munduvelampatty. Village, Oharapuram Taluk.
5. Vacant Land admeasuring 1.62 acres situated at Kalappatty Village, Coimbatore. |
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