1. To place various findings (including the facts leading to non signing of Share purchase agreement) in the matter of acquisition of 100% of shareholding of M/s Anand Seamless Tubes Private Limited (which was earlier approved at the Board meeting held on 19th May, 2017) and to seek approval of the Board of Directors for further course of action in view of those findings.
2. To review and take further course of action on the proposed preferential allotment.
This is as per Regulation 29 and other relevant Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Please take note of the same.
Also read: Garware Polyester: Outcome of board meeting