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| Exchange Disseminated Time | | Savera Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 05, 2014, has decided to seek the shareholders approval through postal ballot process (ballot & e-voting) (a) to close the business which is being carried on at Walnut Hotel, (a unit of Savera Industries Limited) door no. 5/76-4-16 & 17 Raidurga, Gachibowli-Tolichowki Road, Hyderabad 500 008, (b) sell & dispose of the movable assets situated at the premises of said Walnut Hotel and (c) terminate the lease agreement entered into with the Lessor in respect of the above Walnut Hotel. |
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