Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 and other applicable provisions, if any, intimation be and
is hereby given that Board of Directors in their just concluded meeting held on Thursday,
11th April, 2024 have approved the following:
1. The proposal for the Business Transfer Arrangement (BTA) for the fabric distribution
division, subject to valuation, was considered.
2. Also discussed and considered the appointment of M/s. Pradeep Sethia & Associates
as the valuer for the valuation of the above arrangement.
The Meeting of the Board of Directors commenced at 10.30 A.M and concluded at 12:30 P.M
Please take the above on your record.
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