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Outcome of board meeting of Blue Pearl Texspin

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Capital Market
Last Updated : Apr 15 2015 | 9:28 PM IST

Held on 15 April 2015

Blue Pearl Texspin announced that the Board of Directors of the Company at its meeting held on 15 April 2015, has approved the following:

1. Approved and taken on record the scheme of reduction of share capital subject to the sanctions and approvals of the appropriate authorities as may be required.

2. Approved and taken on record CA valuation report and fairness opinion report.

3. Authorized to Directors to file scheme of reduction of share capital with Bombay Stock Exchange and other appropriate authorities as may be required.

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First Published: Apr 15 2015 | 8:53 PM IST

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