Gujarat Petrosynthese has informed that the Board of Directors of the Company at its meeting held on November 14, 2015, has executed and adopted the New Listing Agreement as per the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), and discussed the situation of Company’s wholly owned subsidiary viz. Gujarat Polybutene in view of non availability of competitive feed stock and current market scenario.
The above information is a part of company’s filings submitted to BSE.