Board of Directors at its meeting held today, the 7th February, 2023, inter alia, approved the unaudited financial results of the Corporation for the quarter and nine months ended December 31, 2022. While discussing the future course of action in regard to working of Corporation, Board of Directors directed to obtain opinion of an expert as to whether the proposal for recommending to wind up the Corporation be placed before the members in the Annual General Meeting before proposal is made to Government of Gujarat under Section 45 of the SFCs Act, 1951. Results and outcome are attached.