SAAG RR INFRA LTD. - Outcome of Board Meeting (EGM on March 31, 2014)
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| 24 Feb 2014 | |
| SAAG RR Infra Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 22, 2014, has proposed to go for a Creditors voluntary winding up alter considering the various reasons such as:<br/><br/>1. Non availability of long term financial resources<br/><br/>2. A status of the Company as a Non-Performing asset<br/><br/>3. The non-availability of business prospects and<br/><br/>4. The global financial situation.<br/><br/>Further the Company has informed that, an Extraordinary General meeting of the members and a Creditors meeting is proposed to be convened on March 31, 2014 to obtain their approval for Creditors voluntary winding up of the Company. The notice convening the meeting(s) along with the statement of assets and liabilities will be forwarded at the earliest. | |
| View all announcements for SAAG RR INFRA LTD. | Source: BSE India |
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