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Outcome of board meeting of Rohit Ferro Tech

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Capital Market

Held on 30 May 2017

Rohit Ferro Tech announced that the Board of Directors of the Company at its meeting held on 30 May 2017 has resolved to execute the Deed of Undertaking binding itself together with the Promoters (including persons belonging to the Promoter Group) to the sale of the entire shareholding of the Promoters in the Company (Promoter Shares) to a prospective Investor to be identified by SBI leading to change in the management of the Company from the existing Promoters to the prospective Investor.

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First Published: May 31 2017 | 9:21 AM IST

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