In terms of Regulation 30 of the SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015 and modifications, if any, Hindoostan Mills has informed that the Board of Directors of the Company at its Meeting held on June 05, 2018 has decided to discontinue the operations of the Composite Division and identify the buyer(s) in order to Sell / Dispose off its assets situated at Ambarnath and Karad either in whole or substantially the whole or in part(s) subject to the approval of Shareholders, if any.
The above information is a part of company’s filings submitted to BSE.
