The Board of Directors of Company has passed following Resolutions by circulation on 23.08.19 1)The sale or dispose ofthe Company's properties(undertaking) comprising of land with building admeasuring a total Square metres 16,200 of land, comprised of Survey Nos. 44//1p, 44/2P,AND 43P being situated at Dapad village,Silvassa,Dadra Nagar Haveli,DN-396230 to M/sIngenia Polymers India Private Limited for consideration aggregating to Rs. 13,00,00,000/-on such terms &conditions; as may be deemed fit by Board which is subject toapproval of shareholders by wayof passing Special Resolution atensuing AGM of the Company. 2)Thesale/ transfer/dispose off Company's properties (Undertaking) comprising of land, building, plant & machinery,other movable & immovable properties of Company, both present and future onsuch terms and conditions asmay be deemed fit by the Boardwhich is subject tothe approval ofshareholders by way of passing Special Resolution at ensuing Annual General Meeting of Company