Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, we would like to inform you that by an order dated January 24 ,2018 ("Order"), the Hon''ble National Company Law Tribunal (NCLT), Ahmedabad Bench, Ahmedabad, has directed meeting of the equity shareholders of the Company to be held on Monday, March 11, 2019 at 11:00 a.m. AND meeting of the secured creditors and unsecured creditors of the Company to be held on Tuesday, March 12, 2019 at 11:00 a.m. at 3rd Floor, Dawer Chambers, Nr. Sub Jail, Ring Road, Surat - 395002, for the purpose of considering, and if thought fit, approving the proposed scheme of arrangement between the Company and Shahlon Silk Industries Limited and their respective shareholders and creditors under Sections 230 to 232 of Companies Act, 2013 ("Scheme").