Pursuant to Regulation 30 of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, CES has informed that the Board of Directors of the Company at their meeting held on 8th day of April, 2022 have considered and approved the following business: The Board has in-principle approved the proposal of Scheme of Arrangement subject to such approvals as may be required as per various regulations and enactments as may be applicable; Appointment of Registered valuer to obtain Valuation Report; Appointment of Merchant banker to obtain the Fairness Opinion; and appointment of Professionals.
The above information is a part of company’s filings submitted to BSE.