STURDY INDUSTRIES LTD. - Outcome Of The Board Meeting Held Today

Dear Sir/Madam,<BR> <BR> This is to inform you that the Board of Directors of the Company in their meeting held today considered and approved the transfer of 1,61,93,042 equity shares of the company held in the name of Allahabad Bank (Now Known as Indian Bank) in favour of Greenways Advisors Private Limited.<BR> <BR> Such transfer of shares from Allahabad Bank (Now known as Indian Bank) in favour of Greenways Advisors Private Limited as per SDR Scheme prescribed by Reserve Bank of India.<BR> <BR> You are requested to kindly take the above information on records.<BR>