Rama Steel Tubes has informed that a meeting of the Board of Directors of the Company will be held on July 19, 2016, to consider disposal of property situated at Unit No. E-12 (Land-ll) Estate Home Jaypee Green, Greater Noida, Uttar Pradesh. held by the Company in its own name to Naresh Kumar Bansal, Managing Director of the Company, at its book value and paying off the term loan taken on this property.
The above information is a part of company’s filings submitted to BSE.