Rohit Ferro-Tech has informed that the Board of Directors of the Company at its meeting held on December 29, 2014, has approved the proposal to sell, transferor otherwise dispose of the Jaipur manufacturing unit of the Company located at Kalinganagar industrial Complex, P.O.: Duburi - 755 026, Dist.: Jajpur, Orissa as going concern by way of slump sale or otherwise, subject to the such approvals and permission as may be required for such sale. Rohit Patni, Managing Director and Suresh Kumar Patni, Director of the Company has been authorized to negotiate the proposed deal with the prospective acceptable purchasers.
The above information is a part of company’s filings submitted to BSE.
