Pursuant to Regulation 30 of SEBI Listing Obligation, Ador Multi Products has informed that the Board of Directors of ‘1908 E-Ventures’ (a subsidiary of the company) has intimated to the Board of Directors of the Company regarding its scale down of its business operations with a view to curb further cash burn and cease piling of liabilities. A copy of the resolution of the Board of 1908 E-Ventures is enclosed.
The above information is a part of company’s filings submitted to BSE.