SUDAL INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/08/2023 ,inter alia, to consider and approve allotment of 10,00,000 (Ten Lakhs) Equity Shares of the Company having Face Value of Rs. 10/- (Rupees Ten only) each at an Issue Price of Rs. 10/- (Rupees Ten only) each for a cash to the Promoter Group, pursuant to the order dated August 10, 2023, passed by the Hon'ble National Company Law Tribunal, Mumbai Bench, under the Pre-Packaged Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016.