Kernex Microsystems India has informed that the Board of Directors of the Company at its meeting held on March 10, 2014, has following items were deferred for subsequent meeting creation of security under section 180(1) (a) of the Companies Act, 2013 and proposal for sale/disposal of select assets of the Company to finance new projects and to provide additional capital to on going projects.
The above information is a part of company’s filings submitted to BSE.