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NB Footwear informs about EGM

27 Dec 2019 Evaluate

NB Footwear has informed that pursuant to sub-regulation 3(a)(iii) of Regulation 31A of the SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015 Company has obtained the consent of Shareholders by way of Ordinary Resolution passed in the Extra Ordinary General Meeting of Shareholders held on 21st December, 2019, for re-classification of Transchem, an entity included in the promoter group as public. Accordingly in terms of sub-regulation 3(a) of Regulation 31A of the SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015 Company has submitted the application along with all the necessary documents including processing fee to BSE for reclassification of Promoter Entity as Public in prescribed format on 26th December 2019. Copy of acknowledgement is attached for reference and record. Now this disclosure is being made in terms of Sub-regulation 8(c) of Regulation 31A and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The above information is a part of company’s filings submitted to BSE.

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