Outcome of Board Meeting
Paramount Printpackaging Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 15, 2014, has given the approval for conducting Postal Ballot to obtain shareholders approval on the matter of Utilization of the IPO proceeds for the purpose other than as mentioned in the Prospectus. The board has appointed Mr. Jay D'souza of Alwyn & Co., Company Secretaries as the scrutinizer for the purpose of conducting the Postal Ballot process.