JAY SHREE TEA & INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/01/2023 ,inter alia, to consider and approve We are pleased to inform you that a Meeting of the Board of Directors of our Company is scheduled to be held on Thursday, the 12th January, 2023 at 3:00 P.M. at 'Industry House', 10, Camac Street, Kolkata 700 017 inter alia to consider and approve:- 1. Scheme of Arrangement, for demerger of Sholayar/Kallyar estates to a 100% subsidiary Bidhannagar Tea Co. Private Ltd, 2. Sale of a tea estate of the Company and to enter into definitive Memorandum of Understanding for the same, and 3. Any other business matter