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STURDY INDUSTRIES LTD. - Outcome Of The Board Meeting Held Today
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30 Nov 2020
Dear Sir/Madam,&lt;BR&gt; &lt;BR&gt; Further to notice dated 27th November, 2020 for holding of Board Meeting on 30th November, 2020.&lt;BR&gt; It is informed that the Board of Directors of the Company in their meeting held today considered 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, and directed the Company Secretary of the Company to complete the formalities.&lt;BR&gt; The aforementioned transfer of shares from Allahabad Bank (Now known as Indian Bank) in favour of Greenways Advisors Private Limited will be effected as per SDR Scheme prescribed by Reserve Bank of India.&lt;BR&gt; The Board of Directors of the Company has authorized Company Secretary of the Company that the aforementioned transfer be effected on completion of formalities in discussions with Greenway Advisors Private Limited.&lt;BR&gt; &lt;BR&gt; Kindly take the above on record.&lt;BR&gt; &lt;BR&gt; Thanking you&lt;BR&gt;
View all announcements for STURDY INDUSTRIES LTD. Source: BSE India