The Board of Directors in its meeting held today has: 1. Taken on record the Due Diligence Report dated 11th January, 2019 submitted by D&A; Financial Services Private Limited, the Merchant Banker. 2. Granted approval, pursuant to and in accordance with regulation 8(1 )(a) of the Delisting Regulations, to the proposed Voluntary Delisting of Equity Shares of the Company from BSE and CSE after having discussed and considered various factors including the above mentioned Due Diligence Report of the Merchant Banker. 3. based on information available with the Company and certain confirmations received from the Promoters, certified that: (i) the Company is in compliance with the applicable provisions of securities laws; and (ii) the Promoter or promoter group or their related entities, are in compliance with subregulation (5) of regulation 4 of the Delisting Regulations; and (iii) Since the shares of the Company are infrequently traded, the board of directors believes that the Delisting Offer presents a liquidity opportunity to the public shareholders of the Company and accordingly, the proposed delisting is in the interest of the public shareholders; and 4. While considering and approving the delisting proposal, the Board of Directors has also taken into account the Due Diligence Report submitted by D&A; Financial Services Private Limited, the Merchant Banker as specified in sub-regulation (1 E) of regulation 8 of the Delisting Regulations; and 5. The Board have also approved the notice of postal ballot in order to take the approval of public shareholders by way of postal ballot in accordance with Regulation 8(1)(b) of...