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| Exchange Disseminated Time 11/01/2016 11:06:49 | With reference to the earlier announcement dated November 28, 2015, Gayatri Projects Ltd has now informed BSE that
the "Management of the Company is in the process of finalizing a few options for corporate restructuring of its road assets, which among other things, may involve hiving off the entire ROAD ASSET business as a separate entity".
The Company is in the process of ascertaining the availability of Directors to convene a meeting in due course.
The Company will continuously update the developments of the above process to the exchanges under Regulation 30 (material information). |
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