Pursuant to Regulation 30 (read with Schedule Ill - Part A) and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bhandari Hosiery Exports has informed that it enclosed revised outcome of the board meeting of the Company held today i.e., on Friday, 5th May, 2023 at 2:00 PM and concluded at 4:00 PM at registered office of the Company. Board considered the Capacity Expansion program of the company (at a cost of Rs 24.75 crores which was planned to be implemented by 30.09.2023) and also its present status. It was informed that execution of the Capacity Expansion has commenced and the Company has also made initial advances to the Machine/ capital goods suppliers and also initiated spending on building construction out of internal resources. Term loan bank account has been opened with the lending bank State Bank of India. The above information is also available on the Company's website, www.bhandariexport.com.
The above information is a part of company’s filings submitted to BSE.
