Khandwala Securities has informed that the Board of Directors of the company through resolution passed by circulation on December 18, 2018 has considered the redemption of 12,500- 10.00% Cumulative Redeemable Preference Shares of Rs 100 each held by Sindhu Seth due on Monday, December 31, 2018. The record date fixed for the purpose of redemption of said Cumulative Redeemable Preference Shares is Wednesday, December 26, 2018.
The above information is a part of company’s filings submitted to BSE.