Swadeshi Industries & Leasing has informed that the Board of Directors of the Company at its meeting held on July 22, 2014, inter alia, has considered the proposal of acquiring the Textile/ Process House Unit in the State of Rajasthan and accordingly decided to appoint Technical Expert and Chartered Accountant to study the commercial and financial feasibly of project in the State of Rajasthan.
The above information is a part of company’s filings submitted to BSE.