In terms of Regulation30,Part.A of Schedule.Ill of SEBI (Listing obligations and disclosure Requirements) Regulations, 2015, Ambition Mica has informed that Extra Ordinary General Meeting of the Company held on Saturday, 03rd March, 2018 at 10: 00 am, has considered to acquire the entire assets and liabilities of Velsons Laminate Private , to enter into Lease Agreement with Govindbhai V. Patel, Rameshkumar V. Patel, Prahladbhai V. Patel and Veljibhai K. Patel, for the Land owned by them and to approve the increase in the borrowing powers of the Board.
The above information is a part of company’s filings submitted to BSE.
