Shervani Industrial Syndicate has informed about special resolution dated 15.03.2019 through Postal Ballot passed by the Shareholders of the company for the buyback of 4,15,000 fully paid-up ordinary shares of face value of Rs 10 each through Tender offer process at a price of Rs 500 per share. Copy of the same has already been sent through mail on 16.03.2019 to exchange.
The above information is a part of company’s filings submitted to BSE.