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| Exchange Received Time 23/04/2018 12:57:47 Exchange Disseminated Time 23/04/2018 12:57:52 Time Taken 00:00:05 | Dear Sirs,
This is further to our letter of 26th February, 2018, copy of which is attached for your ready reference.
We would like to inform you that the Board of Directors of the Company has approved installation of an integrated paint plant with water and solvent based decorative, industrial and protective coatings, resin, putty, emulsion and construction chemical manufacturing capabilities at an investment of about Rs.200 crores at Sandila Industrial Area in Uttar Pradesh. Subject to all required consents and approvals, the Project is likely to be completed by the end of the financial year 2019-20.
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