Sky Industries has informed that the Board meeting of the Company scheduled to be held on August 30, 2016, to consider conversion of existing loan from promoters into equity capital of the Company; Preferential issue of shares on A/c of conversion of loan or otherwise; and sale of properties of the Company through postal ballot to make approval from the members. Further, as per the Company’s Code of Conduct to regulate, monitor and Report Trading by insiders, adopted by the Board pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading window for dealing in the securities of the Company will be closed for the above reason and for specified persons August 26, 2016 to September 02, 2016.
The above information is a part of company’s filings submitted to BSE.