Kesoram Industries has informed that the Board of Directors of the Company at its Meeting held on June 26, 2014 noted the imminent necessity for the Company to explore options for reorganizing and realigning its existing businesses. It has, for these purposes, constituted a core Committee comprising of three Directors, two of whom are Independent, to consider and evaluate steps that the Company may need to pursue to implement such reorganization and realignment.
The above information is a part of company’s filings submitted to BSE.