Himalaya Food International has informed that the meeting of the Board of Directors of the Company is scheduled on 14/08/2018, to consider and approve to consider un-audited results for the quarter ended June 30, 2018; to deliberate on the Impediments & Corrective Action Plan to enhance productivity and fulfill all export orders timely; deliberate to streamline the working cycle so as to enhance productivity and efficient turnover of working capital within 90 day cycle; to analyze Domestic Sales on Franchisee Stores and consider promotional activities & addition of new items in line with consumer feedback; Steps taken to reduce debt & interest burden on the Company and timeline for final approval of financial plan by the lenders; and to consider CEO applications received from strategic professional investors who are willing to make strategic investment in the company.
The above information is a part of company’s filings submitted to BSE.
