Axel Polymers has informed that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 21st August, 2019 at the registered office of the Company situated at 309, Vil. Mokshi, Sankarda- Savli Road, Taluka Savli, Dist. Vadodara 391780, Gujarat at 10.00 A.M to consider the proposal of the Scheme of Amalgamation of Dhara Petrochemicals with the company and their respective shareholders and creditors pursuant to Section 230 to 232 and other applicable provisions, if any, of the Companies Act, 2013 read with relevant rules framed thereunder and subject to statutory approvals and also to take on record various documents in relation to the same. Further, in compliance with the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 [including any statutory modification(s) or re-enactment(s) thereof for the time being in force] and in terms of Insider Trading Policy of the Company, the Trading Window for dealing in securities of the Company has been closed for all (Insiders) Directors/Officers/Designated Persons/Connected Persons of the Company from 14th August, 2019 to 23rd August, 2019.
The above information is a part of company's filings submitted to BSE.