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Schneider Electric President Systems informs about Outcome of Board Meeting

11 Dec 2014 Evaluate

Schneider Electric President Systems has informed that the Board of Directors of the Company at its meeting held on December 11, 2014, approved the proposal of obtaining the approval of the Shareholders of the Company by way of Special Resolution through Postal Ballot / e-voting for Related Party Transactions with a Related Party, Schneider Electric IT Business India Private Limited. Further the Company has submitted Calendar of event of the above said Postal Ballot / e-voting.

The above information is a part of company’s filings submitted to BSE.

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