Intimation regarding approval granted by the board of directors of the RSWM Limited ('RSWM or Company') in relation to the signing of a binding term sheet with Ginni Filaments Limited for proposed acquisition of its Spinning, Knitting and Processing Undertaking situated at 110 KM Stone, Delhi-Mathura Road, Chhata, Kosi, Distt. Mathura (UP) - 281401 as a going concern on a slump sale basis.